Decarbonisation is the pressing challenge of our time
Organisations not only have a moral reason to act but also a business reason as they respond to customer and investor pressure. Carbon, cost, and profitability are becoming intrinsically linked; it’s time to act. Most organisations’ challenges are that most emissions, grouped as Scope 3, sit within their supply chain. Suppliers hold the key to cost and carbon reduction.
“Over 85% of a company’s greenhouse gas emissions are in the value chain without concerted action, businesses are going to fail to reach their decarbonisation targets.”
Businesses must act to mitigate the effects of climate change
According to the Carbon Disclosure Project*, companies making the most progress on emissions reductions report that the majority sit within their supply chain. This correlates with where organisations spend their money, with roughly the same % of revenues spent with suppliers. Decarbonisation involves the coming together of multiple activities to identify what can be done in the short, medium, and long term to reduce carbon from the supply chain by:
- Profiling your Scope 1, 2, and 3 carbon emissions to understand how they are distributed across suppliers, categories, and product lifecycles
- Setting achievable, impactful targets in line with business strategy
- Identifying opportunities within the data to reduce carbon and developing a plan to deliver.
Proxima’s approach to decarbonising your supply chain
Organisations have different ambitions, capabilities, and possibilities within their supply chains. We use our procurement and supply chain expertise and partner network to adapt to each business scenario and provide the appropriate mix of skills, technology, and knowledge to start and accelerate the change. You will benefit from a dedicated team to support analysis and change delivery, taking into account your business and its needs, to deliver you:
- Specialist partner carbon accounting, forecasting, and scenario modelling solution
- Deep sourcing knowledge and change expertise required to make a long-term impact
- Expert knowledge of functional enablers and decarbonisation levers across categories.
