Supply-chain decarbonization will be game changer
“Supply-chain decarbonization will be a ‘game changer’ for the impact of corporate climate action. Addressing Scope 3 (upstreem) emissions is fundamental for companies to realize credible climate change commitments” according to the World Economic Forum. (source: Net-Zero Challenge Insight Report Jan 2021)
“Addressing supply-chain emissions enables many customer-facing companies to impact a volume of emissions several times higher than they could if they were to focus on decarbonizing their own direct operations and power consumption alone – and achieving a net-zero supply chain is possible with very limited additional costs.“
The report goes on to say “eight supply chains account for more than 50% of global emissions. Food, construction, fashion, fast-moving consumer goods, electronics, automotive, professional services and freight account for more than half of all global greenhouse gas emissions; and a significant share is indirectly controlled by only a few companies.”
"Net-zero supply chains would hardly increase end-consumer costs. Around 40% of all emissions in these supply chains could be abated with readily available and affordable levers.”
“In 2020, we saw a temporary drop in emissions as a result of COVID-19, at around 5–10% compared to 2019 – the largest since the Second World War."
Source: Net-Zero Challenge Insight Report, January 2021 from the World Economic Forum, co-authored with Boston Consulting Group.
“Addressing supply-chain emissions enables many customer-facing companies to impact a volume of emissions several times higher than they could if they were to focus on decarbonizing their own direct operations and power consumption alone – and achieving a net-zero supply chain is possible with very limited additional costs.“
The report goes on to say “eight supply chains account for more than 50% of global emissions. Food, construction, fashion, fast-moving consumer goods, electronics, automotive, professional services and freight account for more than half of all global greenhouse gas emissions; and a significant share is indirectly controlled by only a few companies.”
"Net-zero supply chains would hardly increase end-consumer costs. Around 40% of all emissions in these supply chains could be abated with readily available and affordable levers.”
“In 2020, we saw a temporary drop in emissions as a result of COVID-19, at around 5–10% compared to 2019 – the largest since the Second World War."
Source: Net-Zero Challenge Insight Report, January 2021 from the World Economic Forum, co-authored with Boston Consulting Group.