Procurement is the key to driving sustainability efforts and reducing carbon emissions – and here’s why
As sustainability regulations tighten worldwide, businesses face mounting pressure to accurately disclose and reduce their carbon emissions. However, the intricate and often opaque nature of Scope 3 data – which encompasses emissions embedded across the entire value chain, from suppliers to end consumers – means that many companies still rely on broad estimates to report their carbon footprint. This dependence on estimated data can lead to inaccuracies that hinder business leaders from making informed decisions with a genuine impact on sustainability.
In this article for Maddyness, Mauro Cozzi, Co-founder and CEO of Emitwise, discusses procurement’s vital role in driving sustainability and cutting Scope 3 emissions across the value chain.