Product Carbon Footprints are the gateway to sustainable procurement. They are the unit price of sustainability - how customers communicate carbon targets to suppliers, and how supplier differentiate low-carbon products to customers. It's impossible to differentiate without supplier data, so we sat down with Climate TRACE to bring facility-level data to the emissions hotspots that matter most to PCFs, using our AI-powered models. Learn more about our shared mission and how manufacturers are using Product Carbon Footprints to decarbonize the hotspots in global supply chains at the link below! https://lnkd.in/grMcreRF
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The point of scope 3 carbon accounting is to bless suppliers with endless surveys. Of course it's not. No one thinks we're going to survey our way out of the climate crisis. Those surveys matter to the extent that they enable action towards the goal of decarbonization. (Yes, also compliance, and I would make the same argument there). I'm excited about Terralytiq's approach because they're helping industrial buyers identify the biggest sources of emissions in their supply chains and prioritize resources to maximize impact. Primary data matters. And, it needn't be a prerequisite for impact. "Many Tier 1 suppliers rely on secondary data for much of their product footprint since the emissions often come from upstream facilities like smelters or refineries. For instance, there are fewer than 300 primary aluminum smelters in existence, meaning that Tier 1 suppliers are frequently sourcing from the same primary aluminum supplier. Obtaining primary data from one smelter is much more effective than surveying each of the top 50 Tier 1 suppliers in your network who all source from the same smelter to do their individual estimate."
Product Carbon Footprints are the gateway to sustainable procurement. They are the unit price of sustainability - how customers communicate carbon targets to suppliers, and how supplier differentiate low-carbon products to customers. It's impossible to differentiate without supplier data, so we sat down with Climate TRACE to bring facility-level data to the emissions hotspots that matter most to PCFs, using our AI-powered models. Learn more about our shared mission and how manufacturers are using Product Carbon Footprints to decarbonize the hotspots in global supply chains at the link below! https://lnkd.in/grMcreRF
Sustainable Procurement with Product Carbon Footprints | Terralytiq
terralytiq.com
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There are many ways to leverage Climate TRACE data, and we particularly appreciate seeing how users enable real-world emissions reductions with data-driven strategies. Terralytiq is using Climate TRACE data to help their customers better understand their product carbon footprints (PCFs), and reduce them by choosing to work with facilities that emit less carbon. Reducing scope 3 emissions is made easier with access to facility-level supply chain emissions data. Learn more about how Terralytiq is using Climate TRACE data to enable meaningful climate action in their article about PCFs.
Product Carbon Footprints are the gateway to sustainable procurement. They are the unit price of sustainability - how customers communicate carbon targets to suppliers, and how supplier differentiate low-carbon products to customers. It's impossible to differentiate without supplier data, so we sat down with Climate TRACE to bring facility-level data to the emissions hotspots that matter most to PCFs, using our AI-powered models. Learn more about our shared mission and how manufacturers are using Product Carbon Footprints to decarbonize the hotspots in global supply chains at the link below! https://lnkd.in/grMcreRF
Sustainable Procurement with Product Carbon Footprints | Terralytiq
terralytiq.com
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On a mission to remove one billion tons of CO2 emissions from industrial supply chains by 2030 / Co-Founder & CEO of Terralytiq / Father of two daughters & Husband of a wonderful wife / Techstars_ 2024 / ex-McKinsey
Excellent article on the role of Product Carbon Footprints (#PCFs) in Sustainable Procurement, written by my co-founder and Terralytiq's COO Will Glazener. PCFs play an increasing role in communicating expectations and progress on #decarbonization between the suppliers and buyers of raw materials, components, and finished products. They increasingly replace spend-based carbon accounting and can - if done right - provide deep and actionable insights into value chain emissions and point to sensitive interventions to reduce carbon. "The only way to reduce spend-based emissions is to spend less. The way to reduce product carbon footprints is to manufacture better." Must read for all corporate sustainability practitioners!
Product Carbon Footprints are the gateway to sustainable procurement. They are the unit price of sustainability - how customers communicate carbon targets to suppliers, and how supplier differentiate low-carbon products to customers. It's impossible to differentiate without supplier data, so we sat down with Climate TRACE to bring facility-level data to the emissions hotspots that matter most to PCFs, using our AI-powered models. Learn more about our shared mission and how manufacturers are using Product Carbon Footprints to decarbonize the hotspots in global supply chains at the link below! https://lnkd.in/grMcreRF
Sustainable Procurement with Product Carbon Footprints | Terralytiq
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Building a brand nowadays requires a clearly articulated story that unifies everything you do, the so-called galvanizing story. This includes the purpose of the company, simply put, the statement about 'why do we exist'. Sustainability is and will be an increasingly important part of this statement. Also, and especially, because employees and prospective talent increasingly want to work for purpose-driven organizations. ACT's blog about the advantages of decarbonizing your scope 3 supply chain emissions might sound a bit complex, but knowing that 84% of the world's listed companies have yet to make a commitment to decarbonize (according to the latest MSCI Sustainability Institute report) makes decarbonization in my view an important topic for all CMOs to discuss with their boards. Demonstrating commitment to reducing emissions sets your business and your brand apart. That's what brand building nowadays is all about. #actonit #buildingbrands #decarbonizing
From mitigating risk to enhancing customer loyalty and staying competitive, there are plenty of advantages to decarbonizing your supply chain. In our latest blog, we explore why reducing your Scope 3 emissions is essential for building a sustainable, resilient supply chain and achieving your long-term sustainability goals. Read it here:?https://lnkd.in/eABwXkq7
8 Advantages of Decarbonizing Your Scope 3 Supply Chain Emissions
actcommodities.com
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Strategy and Operations, Financial services, Sustainability, Energy services, Digital ecosystems and Platforms, PMI
Managing emissions along the supply chain, so called upstream Scope 3 emissions, is becoming a strategic priority, especially as environmental regulations tighten. There are obvious tensions with the other three classic supply chain management goals (cost, quality, and reliability), necessitating trade-offs to maintain balance. In this brief article, we outline how procurement can support supply chain emissions transparency, thus helping companies define their strategies and balance commercial requirements against sustainability measures.
From source to sustainability: Decarbonizing the supply chain | Arthur D. Little
adlittle.com
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From mitigating risk to enhancing customer loyalty and staying competitive, there are plenty of advantages to decarbonizing your supply chain. In our latest blog, we explore why reducing your Scope 3 emissions is essential for building a sustainable, resilient supply chain and achieving your long-term sustainability goals. Read it here:?https://lnkd.in/eABwXkq7
8 Advantages of Decarbonizing Your Scope 3 Supply Chain Emissions
actcommodities.com
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Leading Central Components | Innovator in Manufacturing & Injection Molding for Aerospace, Automotive, Construction, Appliances
At the heart of a greener future lies the commitment to sustainable supply chains. Did you know that global supply chains can account for more than 90% of an organizations greenhouse gas emissions? We can make a massive impact by understanding and managing Scope 3 emissions. Shippers are leading the way, with 73% planning to adjust their strategies to meet sustainability goals. Moving freight strategically, reducing carbon footprints, and leveraging innovative tech can transform the landscape. #SupplyChainResilience #SupplyChainInnovation #SustainableSupplyChain
Driving Strategic Value: Building a More Resilient and Sustainable Supply Chain | SupplyChainBrain
supplychainbrain.com
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Candidate Source & Screen Senior Analyst at Accenture Spain & Portugal. Matching the best IT talent with great companies ?? IT Recruiter. Ex-Amazon Web Services | Ex-Avaya
Supply chains play a pivotal role in global carbon emissions, accounting for approximately 60% of the total. To make a meaningful impact, companies should focus on a variety of different actions, from conducting detailed emissions hot spot analyses, to embedding sustainability criteria in supplier selection, and much more. See the actions companies should take to make a meaningful impact here: https://accntu.re/3u8VIhs #ClimateChange #Environment #SupplyChain
Kris Timmermans and Jan-Willem Jannink of Accenture discuss how the upstream supplier base should be intrinsic to sustainability strategy - Supply Chain World magazine
https://scw-mag.com
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The supply chain connects your customers with products and services across the world, but at what cost to the environment? With supply chains contributing around 60% of global greenhouse gas emissions, improving the sustainability of your supply chain is one of the main steps you can take to mitigate this growing threat. <<READ MORE>> https://lnkd.in/d42-dm7h #procure4southafrica #procurementconsultancy #procurementoptimisation #costoptimisation #suppliermanagement #procurementstrategy #supplychainmanagement
Five benefits of a sustainable supply chain
cips.org
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?? The third installment of our Insetting 101 series is here, exploring how insetting plays a role in decarbonizing your supply chain. From the importance of analyzing emissions to the practicalities of improving data granularity, this blog post serves as your roadmap to impactful environmental and cost-efficiency improvements. Dive in ?? #SustainableBusiness #Scope3 #Insetting #CarbonInsetting #SupplyChain
Nset ? How to incorporate insetting into your supply chain
nset.io
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