Driving Scope 3 accuracy and Supplier engagement

Driving Scope 3 accuracy and Supplier engagement

This month’s digest covers key updates on global decarbonization efforts, ESG reporting trends in the U.S, and the opportunity to join exclusive events for sustainability leaders, to network, learn and advance corporate sustainability goals.

1. UNEP releases 2024 Emissions Gap Report - urges for boldest ever ambition and action from countries

The latest Emissions Gap Report 2024 from UNEP is a call to action for governments to set the most ambitious ever Nationally Determined Contribution (NDCs). Current goals have been found inadequate to meet established climate targets and the report outlines essential measures for governments and businesses to bridge the emissions gap. Our team has summarized key insights and opportunities from the report below. ?? ?Read here

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2. EU commits €4.8 Billion to Decarbonization projects through carbon pricing initiative

The European Union has announced a substantial investment of €4.8 billion in decarbonization projects, funded through its innovative carbon pricing system. This strategic funding aims to dramatically reduce carbon emissions across various sectors, underscoring the EU's commitment to sustainability and its ambitious target of achieving net-zero emissions.

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3. US Companies boost social and climate reporting amid ESG backlash

Despite criticism over "greenwashing," firms are recognizing the importance of transparent reporting to rebuild trust with investors and stakeholders.

As companies navigate this evolving landscape, effective communication of their ESG efforts will be crucial in demonstrating accountability and fostering a positive reputation in the marketplace.

?? ?Learn more


An exclusive evening with key business leaders on reducing carbon impact in the automotive Industry

Reducing carbon emissions through procurement presents unique challenges, and is top of mind for many business leaders.

?To address this collectively, we are hosting an intimate, exclusive dinner on Wednesday, November 13, at the historic Automobile Club de France. The event will bring together sustainability and procurement leaders from the Automotive & Transport industries to share actionable insights on lowering emissions through strategic supplier engagement.

A unique opportunity to connect with industry peers and thought leaders in a relaxed setting, share perspectives, and gain new insights into reducing carbon impact across the value chain.?

This is an invite-only event but if you would like to be part of it, please express your interest by reaching out to [email protected] directly.?


Unlocking scope 3: supplier engagement insights over breakfast

Scope 3 can feel like a black box, with lots of energy spent but little results. You're not alone in the challenges you are facing, and what better than a conversation with industry peers to help unlock new opportunities.

?Join us for an intimate breakfast in Paris on Thursday, November 21, at Techstars, hosted with We Don’t Need Roads and CO2 AI. We will gather top sustainability leaders to discuss actionable strategies to drive measurable results in supplier engagement.

  • Data: Choosing the right metrics, verifying supplier data, and creating a unified data source.
  • Program: Building an effective supplier engagement program with a lean team.
  • Breakfast & Networking


Sustainability Leaders Roundtable: succeeding in your product footprinting journey?

Join us for an exclusive and participative discussion with a handpicked group of sustainability leaders on Thursday, November 20, at 17:00 CET. Part of our exclusive Sustainability Leaders Connect series, this session will focus on strategies for calculating the environmental footprint of your products —an essential step towards recognizing emission hotspots and meeting your reduction targets.

?Agenda Highlights:

  • Diving deeper into product footprint (PEF vs. PCF vs. LCA)
  • How to use product footprints to reduce emissions
  • How and why to scale computation across 1,000s of products

This exclusive roundtable led by Head of Advisory at CO2 AI, will be an open forum for leaders to share insights, tackle common challenges, and discuss additional topics you’d like to address.?

Interested in attending and lending your voice to this crucial discussion? Apply to attend.?


Key insights from our latest article "UNEP urges boldest ever NDCs for 2025: Can Corporations move the needle on achieving national climate goals?”

?This piece emphasizes the urgent need for nations to enhance their Nationally Determined Contributions (NDCs) to address the ongoing climate crisis.

Key takeaways:

  • Global emissions reached a record 57.1 GtCO2e in 2023, urging immediate action.
  • G20 nations, responsible for 77% of emissions, are falling behind in updating their NDCs.
  • Corporations must collaborate with governments to drive significant climate action and close the emissions gap.

We encourage you to read the full article for a deeper understanding of how collective efforts can make a difference in our approach to climate action.?

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Watch now: Successful approaches to supplier engagement?

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Back by popular demand! Watch the recording from our latest webinar where experts from Reckitt, BCG and CO2 AI shared some interesting strategies on how CSOs can achieve real progress in 2025. some takeaways :

  • Key insights from BCG’s 2024 Carbon Survey on industry trends
  • Lessons from Reckitt’s Scope 3 emissions strategy
  • The role of AI & product footprinting in future sustainability plans


Experience the power of our AI-driven sustainability platform

?Schedule a meeting with our experts to discuss how CO2 AI can help you measure your company and product footprints, report, set targets, and decarbonize at scale.

Request a demo



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