Sustainable Procurement & Scope 3 reporting
“The regulators expect it – the market want it – so how do we integrate sustainable procurement priorities in an environment where a traditional mindset is: “cost is king”
Working with Sustainable procurement means prioritizing the sourcing of goods and services with minimal environmental and social impact, ensuring ethical practices throughout the supply chain. It focuses on reducing waste, conserving resources, and promoting fair labor standards, contributing to long-term environmental and societal wellbeing.
Scope 3 reporting, which tracks indirect emissions from the entire value chain, is crucial for sustainable procurement. It encompasses everything from supplier emissions to product lifecycle impacts. By integrating sustainable procurement with Scope 3 reporting, companies can drive accountability, reduce their carbon footprint, and meet ambitious climate targets, fostering transparency and sustainability across global supply chains“
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