As the impacts of climate change continue to intensify, regulatory and consumer pressures are mounting. Companies must particularly give due consideration to supply chains which are frequently a key lever for decarbonization. Depending on the industry, the share of upstream Scope 3 emissions may be as high as 90%.
IntegrityNext helps you to determine your suppliers’ carbon footprint, advance your mitigation efforts and reach SBTi engagement targets (Science Based Targets initiative). We also support you in tracking the life cycle emissions of your products. In doing so, our solutions empower you to galvanise meaningful climate action beyond your own operations.
Achieve your climate goals with IntegrityNext
Ensure effective climate action in your supply chain by implementing and monitoring SBTi-aligned engagement targets.
Corporate Carbon Footprint
Collect emissions data on your suppliers, identify relevant gaps and pinpoint emission hotspots in your supply chain.
Product Carbon Footprint
Track emissions arising from purchased goods and services to calculate the carbon footprint of your products.
How IntegrityNext can help
A thorough understanding of your supply chain’s baseline emissions is crucial for the development of realistic decarbonization pathways, efficient abatement measures and ambitious reduction targets.
Our platform allows you to collect Scope 1, 2 and 3 emissions data for your suppliers with minimal effort and provides critical insights into their mitigation efforts and targets. We help you to determine your suppliers’ corporate carbon footprint and implement SBTi supplier engagement targets. Our suite of solutions also includes a tool to track upstream emissions from purchased goods and services so that you can calculate the carbon footprint of your products.
Benefits of our product:
Data collection for compliance with climate regulations
Identification of gaps and emission hotspots in your supply chain
Foundation for credible climate action and target setting
Implementation and monitoring of SBTi supplier engagement targets
Partner offering for GHG emissions measurement, accounting and reduction
Supply chain decarbonization – Tackling the next frontier
Learn about the critical role of Scope 3 emissions for companies, why supplier-specific data entails many benefits and find out about the fundamental importance of supplier engagement and collaboration.
4 Steps to achieve a
carbon neutral supply chain
Enhance the transparency of emissions
along your supply chain
Avoid & Reduce
Leverage your suppliers to significantly
cut your carbon footprint
Offset unavoidable GHG emissions through
certified climate protection projects
Inform customers, investors and employees
about your climate actions
Regulators are increasingly raising the bar on emission disclosure requirements for companies. At the same time, statutory reduction targets are becoming more and more ambitious. Efforts are underway to harmonize the global sustainability reporting landscape. Notable developments include:
The European Corporate Sustainability Reporting Directive (CSRD) will apply from January 2024. ESG disclosures will have to cover the entire value chain and ensure alignment with mandatory European sustainability reporting standards. The CSRD is closely intertwined with the EU Taxonomy Regulation, the SFDR and the proposed Directive on Corporate Sustainability Due Diligence.
The Sustainable Finance Disclosure Regulation (SFDR) requires EU-based financial market participants to disclose information on a set of ESG issues, including Scope 3 emissions.
The Securities and Exchange Commission (SEC)in the United States has proposed mandatory climate disclosure rules for public corporations which comprise material Scope 3 emissions for certain companies.
The International Sustainability Standards Board (ISSB) is working on a global baseline of sustainability-related disclosure standards for investors and other capital market participants. Among other things, they will include requirements to report on Scope 3 emissions.
The widely used framework of the Task Force on Climate-Related Financial Disclosures (TCFD) strongly encourages the disclosure of Scope 3 emissions. The initiative’s recommendations are considered by the SEC. TCFD-aligned reporting is also mandatory in several countries.
Relevant partnerships and initiatives
Companies can choose from a wide array of tools to help them tackle their emissions. We are keeping our finger on the pulse of the latest developments in terms of carbon footprinting, supply chain decarbonization and industry-specific sustainability initiatives. We have therefore joined forces with renowned partner organizations and make use of well-established frameworks:
Catena-X provides a digital ecosystem for the creation, operation and collaborative use of end-to-end data chains along the entire automotive value chain. As such, companies can address challenges related to supply chain resilience, sustainability and regulatory requirements. The measurement of supply chain emissions is a key focus area of the network.
ClimatePartner is a solutions provider for climate action. The company helps customers measure their GHG emissions, develop robust reduction plans and compensate residual emissions via certified carbon offset projects.
The Science Based Targets initiative (SBTi) is widely regarded as the gold standard of target setting that is grounded in science. Scope 3 emissions must be accounted for by some companies for near-term SBTi-approved targets and are compulsory for compliance with the initiative’s Net Zero Standard.
CDP accredits environmental service providers who can help to support companies in all aspects of their environmental journey, from climate-related scenario analysis to designing a strategy for a water-secure and deforestation-free future.
The regulatory case for
supply chain decarbonization
Climate-related disclosure requirements and statutory emission reduction targets are being enacted in more and more jurisdictions. As a result, companies are under increasing pressure to tackle their own emissions and those of their supply chains:
The ‘Fit for 55’ package is a key pillar of the EU Green Deal. It comprises a range of interlinked policy initiatives related to climate, energy and transport. They aim to ensure a 55% reduction of emissions by 2030 and climate neutrality by 2050.
Several European countries have also embarked on more challenging decarbonization journeys. The German Climate Change Act, for instance, strives to cut emissions by 65% by 2030 and achieve climate neutrality by 2045.
The United States intends to slash its emissions by approximately 50% by 2030 and reach net zero by 2050. The Inflation Reduction Act (IRA), signed into law in August 2022, will help accelerate the pace of decarbonisation across the economy.
Emissions abatement in your supply chain can entail many benefits such as the anticipation of regulatory schemes, improved resilience and risk mitigation, potential cost savings and alignment with your own sustainability goals.