The Guide to Achieving Sustainable Procurement

Why Sustainable Procurement is Key

For must businesses on their emissions reduction journey, the most challenging step is decarbonizing their supply chain. While some businesses may still believe that if they don’t manufacture, they don’t emit, research indicates that the majority of business emissions often lie in the supply chain, accounting for 26 times their direct emissions. That’s why sustainable procurement is key.

Evolving regulations and ongoing standards requiring Scope 3 emissions reporting, such as the SBTi and CDP, are helping to level the playing field for sustainable businesses. Regulatory requirements continue tobe an important consideration as the global community strives to avoid the worst impacts of climate change.

While there’s plenty of work to be done, the supply chain doesn’t just present emissions risks; it also offers significant opportunities.

These include:

• Making better-informed procurement decisions

• Building stronger relationships with suppliers

• Cutting costs through improved efficiency

• Identifying new market opportunities

• Meeting current and future compliance requirements

• Improving brand reputation

‍Read our guide to learn how Sustainable Procurement, Scope 3 emissions data, and good business go together.

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