When developing your company’s Scope 3 program, it is critical to train and educate your sourcing and procurement teams. In this episode, Tad and Julianna discuss the key role your sourcing and procurement teams play in your Scope 3 program, how to bring these teams up to speed on sustainability and Scope 3, how to empower your sourcing and procurement teams to optimize your supplier engagement program with the goal of gathering primary data, and more.
Science-Based Targets: How to Meet Supplier GHG Requirements
New regulations as well as commitments and requirements from large companies are pushing suppliers to set science-based targets. In this episode, Tad and Julianna discuss an overview of science-based targets, the new regulations and what they mean for companies, the growing number of companies that are beginning to require their suppliers to set science-based targets by 2025, how suppliers can start taking inventory of their GHG emissions, the importance of training your sourcing and procurement teams, the benefits of measuring and reducing your Scope 3 emissions, the number of team members you will need internally to gather the data necessary for setting science-based targets, and how to know when to outsource and ask for help.