Scope 3 Maturity Benchmark – Take Part
The Scope 3 Maturity Benchmark is a tool created by Proxima in collaboration with the Scope 3 Peer Group. This community includes many of the world’s most recognizable companies who have chosen to work together to advance progress on Scope 3.
It allows participating organizations to benchmark their maturity against a framework created with their peers and uncover practical steps for improvement.
To date, it has been completed by over 170 companies with combined revenues in excess of $2.5 trillion.
Sign up to be included in the next wave of The Scope 3 Maturity Benchmark
To manage the demand levels, we are currently working on a cohort of organizations that have over 1,000 employees. You can still access The Benchmark findings in our latest report, but we are unable to provide personalized results.
If you are 1,000+ FTE, please complete the form and a personalized link will be sent to you.
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What are today’s Scope 3 challenges?
Many organizations have an idea of “where” they want to get to on Scope 3 and are cognisant of “why” they want to get there. Indeed, insights from The Benchmark point to “Target Setting” and “Communications” as to where the most progress has generally been made. However, where many are falling short is the “how”; it’s not straightforward, and to date, there has not been a uniform approach.
Businesses cannot make meaningful progress on Scope 3 alone; they are ultimately reliant on the supply chain making the necessary steps, hence the importance of Procurement taking proactive steps where change is sought. But CPOs wanting to advance in this space are not just reliant on having the right talent, technology, and knowledge; some of the key
changes are subtle and structural, as they seek to embed more sustainable practices in the value chain.
For example, they will need to consider emissions as a cost or value factor and embed this into sourcing strategies, processes, and measures.
They will also be reliant upon data not only to track progress but also critically to highlight the case for change that unlocks the funding and resources needed to take action. And this is data they will be far from perfect on day one.
Hence, it is essential to have a framework and realistic building blocks.
