CASE STUDY
Driving collaboration across the value chain to tackle Scope 3 Emissions
How is Schneider Electric helping decarbonisation goals by focusing on reducing Scope 3 emissions ? decarbonise to help reduce their suppliers ’ emissions , and make greater strides towards our shared decarbonisation goals .
Reducing Scope 3 emissions is the new frontier for organisations . According to UN Global Compact , Scope 3 emissions account for 70 % of total emissions and are 11 times larger than Scope 1 for most companies . With no common standards and less control over non-operated assets this area is the most complicated to decarbonise .
We know from experience what it takes to embark on this significant journey . As one of the world ’ s most sustainable companies , we are also a sustainability consultant . That means we ’ re helping customers to strategise , digitise and
How easy is decarbonising Scope 3 emissions , and where should you start ?
Only 40 % of companies currently report these emissions ( according to CDP ), a result of today ’ s highly complex and often under-resourced supply chains . We ’ ve learned how to effectively decarbonise our value chain through our own program , the Zero Carbon Project . By engaging with over 1,000 top suppliers , we aim to reduce their operational CO2 emissions by 50 % by 2025 , with a view to having a net-zero carbon emission supply chain by 2050 . In just the first year of its life , the project saw a 10 % reduction in Scope 3 emissions .