Engage Your Suppliers
Engaging suppliers in their sustainability journey is a critical step towards reaching net zero. Supporting sustainability efforts with your suppliers will help your company reduce its Scope 3 emissions.
To address your company’s value chain emissions, you need to work with your suppliers and bring them along on your sustainability journey. You will need to open new channels of communication to understand your suppliers’ sustainability progress and provide skills or resources when necessary to support them.
You will also need to establish new governance processes around how you work with suppliers. For example, you will need to establish processes to manage, understand, and report on sustainability data coming from your suppliers. Your company’s procurement team is also crucial to leverage to push sustainability in your purchasing.
The action steps below describe several of the ways in which your company will want to engage with suppliers as you work to reduce your value chain emissions.