by Jens Burchardt, Partner & Associate Director, Michel Frédeau, Managing Director & Senior Partner, Miranda Hadfield, Project Leader, Patrick Herhold, Managing Director & Partner, Chrissy O'Brien, Managing Director & Partner, Cornelius Pieper, Managing Director & Partner, and Daniel Weise, Managing Director & Partner, Boston Consulting Group1, 2
"Addressing scope 3 emissions is fundamental for companies to realize credible climate change commitments and is mandatory for all members of Race to Zero. It lets customer-facing sectors use their influence to speed and support rapid decarbonization throughout the economy," says Nigel Topping, United Nations Framework Convention on Climate Change High-Level Champion.
For companies, especially those in consumer-facing sectors, end-to-end supply chain emissions are much higher than the direct emissions from their own operations.
By implementing a net-zero supply chain, companies can amplify their climate impact, enable emission reductions in hard-to-abate sectors, and accelerate climate action in countries where it would otherwise not be high on the agenda.
1 The authors thank Henri Humpert for his contribution to this article.
2 This article is a summary of a longer report published by the World Economic Forum in collaboration with Boston Consulting Group. The full report can be downloaded here.
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