Join us this Fall for a webinar series on reducing value chain emissions with the Net Zero Action Accelerator and Race to Zero. Designed for sustainability and procurement professionals. Details coming soon!
Reduce Value Chain Emissions
Manage Key Issues: Consumer Packaged Goods
Consumer packaged goods companies have suppliers spread across various sectors and geographies. Working with your value chain to address your company’s Scope 3 emissions is critical to addressing climate change and achieving your sustainability goals.
The common sources of Scope 3 emissions for consumer packaged goods companies include energy use in your suppliers’ facilities, and emissions from upstream and downstream transport and distribution. For companies with food and agriculture supply chains, methane emissions from farming practices also represent a large emissions hotspot. Other important value chain emission sources may include supplier use of refrigerants and industrial gases. Working with your suppliers to invest in innovation for significant and challenging emission sources like methane, as well as encouraging your suppliers to deploy mature solutions like energy efficiency, can improve your resilience to climate transition risks. It can also lower costs and signal your demand for low- and zero-emission goods and services, which will demonstrate climate leadership.
The following action steps provide more insight on managing the key issues for consumer packaged goods companies related to emissions in your value chain.
