Supply-chain decarbonization will be a “game changer” for the impact of corporate climate action. Addressing Scope 3 emissions is fundamental for companies to realize credible climate change commitments. It enables companies in customer- facing sectors to use their influence in supply chains to speed and support rapid decarbonization throughout the economy, and it can put pressure on suppliers in regions where governments do not (yet) do so.
Eight supply chains account for more than 50% of global CO2 emissions. Fully decarbonizing these would add just 1-4% to end-consumer costs for many everyday items. There are nine major actions that every CEO can take to engage suppliers and decarbonize their end-to-end supply chain.