Supply-Chain Decarbonisation for manufacturing, retail and food & drink sectors
|Wednesday, 24th January 2024 at 10:00am - 11:00am||Book Now|
This session will focus on how to approach your Scope 3 emissions calculation, which forms your upstream and downstream supplychain emissions. This is the largest element of a businesses carbon footprint, i.e. for most Consumer Packaged Goods or manufacturing companies over 80% of carbon impact is within the supply chain (Scope 3 emissions) and according to research by McKinsey 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).
We will go over 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.
To understand your Scope 3 it will typically involve engaging suppliers to understand and allocate emissions and inform next steps. Understand risks. Identify opportunities. Inform action plans.
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
This project is funded by the UK Government through the UK Shared Prosperity Fund (UKSPF) in partnership with East Midlands Chamber.
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