Getting started with Scope 3
We will provide an overview of the different categories of Scope 3 within the GHG (greenhouse gas) protocol; how to define which categories are most relevant to your business (so called “boundary setting”); and the four common approaches to Scope 3 calculation and their pros and cons.
Supply chain emissions (Scope 3) for most manufacturing companies represent over 80% of carbon impact but also over 90% of the complexity, so where do you start?
This free session will focus on how to approach your Scope 3 emissions calculation, which forms your upstream and downstream supply chain emissions.
According to research by McKinsey most Consumer Packaged Goods (CPG) or manufacturing companies can have a 10 to 24 times greater impact by focusing on a reduction of Scope 3 versus their direct emissions (Scope 1 and 2).
On the day we will share practical steps and examples covering:
– How to approach supply chain footprint analysis (Scope 3)
– How to engage suppliers and understand their carbon literacy
– How to understand what data is available (e.g. spend-based, unit-based emission factors)
– How to engage all suppliers to understand their footprint
– How to identify which certifications or standards to adopt
– How to go beyond simple carbon measurement (e.g. responsible sourcing policy)
– How to inform decisions and actions plan on how to decarbonise your supply chain
Opportunity for Q&A. Discussion will be encouraged
