Manage Key Issues: Professional Services
Scope 3 emissions from sources like business travel and purchased goods can represent a significant share of a professional services company’s carbon footprint. Addressing these emissions with the suppliers in your value chain is critical to managing your climate transition risks and showcasing sustainability leadership.
The common sources of value chain emissions for professional service companies include energy use in your suppliers’ buildings, industrial facilities and data centers, as well as emissions from upstream and downstream freight and passenger transport. Value chain emissions may also result from non-energy sources such as supplier use of refrigerants and industrial gases.
Encouraging your suppliers to reduce these emissions and invest in solutions like energy efficiency measures and renewable energy can improve the resilience of your value chain 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 professional services companies related to emissions in your value chain.