CDP’s Post

CDP Reporting Season is here and so is the building need for organizations to go for public disclosure and assurance for Carbon Footprint Quantification and meeting their own Targets to curb carbon emissions,reduce the impact of climate change and show continuous improvement year in year in mitigation risks ! Connect to us to know more ! #tuvsud #carbonfootprint #cdp #reduceimpact #climatechange #verification #assurance

Understanding your emission streams is the first step! Have you mapped your emission streams? . . Thank you for the insights Sonya Bhonsle and CDP.

CDP season is upon us and it reinforces the need for robust Carbon Footprinting! Organisations must show their progress towards mitigating their emissions and meeting their targets. Breathe ESG #esg #netzero #cdp #sustainability

$335 billion. The total suggested liability from disclosed scope 3 upstream emissions from manufacturing, retail and materials to CDP in 2023. A liability that is at serious risk of being overlooked by corporates and investors. Great to sit down with Diana Dimitrova Boston Consulting Group (BCG) and Sonya Bhonsle CDP to discuss a very real blind-spot in both corporate and investor action. 💵 Fewer than 1 in 10 investors who reported to CDP in 2023 require investee companies to report scope 3 emissions as part of investment policies. 💹 Corporate supply chain scope 3 emissions are 26x higher than operational emissions (on average). 92x higher for retail, 47x higher for apparel. 💡 We found 3 significant drivers of action: a climate responsible board, supplier engagement strategies and an internal carbon price. Despite some initial signs of investors starting recognise this, and the impact it has on their own scope 3 downstream emissions, much more needs to be done to price in risks and demand transparency.

It was a pleasure to sit down with Sonya Bhonsle and James Chamberlayne to discuss the key findings from the third annual supply chain report by Boston Consulting Group (BCG) and CDP.   This year’s report revealed that Scope 3 upstream emissions are, on average, 26 times higher than the emissions of Scopes 1 and 2.   The report lays out a good plan for corporates to get started or accelerate the journey: - Have a climate-responsible board - Engage with your suppliers actively - Utilise internal carbon pricing   Watch the full conversation or read the report to learn more: https://lnkd.in/eSH344dr   #SupplyChain #Scope3 #ClimateAction #AccelerateEmissionReduction 

A new report from Boston Consulting Group (BCG) and CDP has revealed some eye-opening statistics: upstream emissions from manufacturing, retail, and material sectors in 2022 were 1.4 times the total CO2 emitted in the EU. The “Scope 3 Upstream” Report emphasizes how supply chain emissions are often overlooked. Interestingly, companies are twice as likely to measure Scope 1 and 2 emissions than Scope 3, despite Scope 3 emissions being 26 times higher than operational emissions. Key insights from the report include: ➡️ Companies with climate-competent boards are five times more likely to have a Scope 3 target and a 1.5°C aligned transition plan. ➡️ Businesses that engage suppliers on climate issues are almost seven times more likely to have a Scope 3 target. Yet, only four in ten corporations actually do this. ➡️ Mandating an internal carbon price for all business decisions makes companies four times more likely to have a Scope 3 target and an aligned transition plan. Read the full report: https://lnkd.in/eaQXxbMi #Sustainability #ClimateChange #SupplyChain

For the maritime industry, tracking Scope 3 emissions means navigating a complex web of suppliers operating across ports worldwide. Each supplier adds to your overall carbon footprint, making it challenging to get a complete picture of your environmental impact. Join us on 16th October for an in-depth discussion hosted by Green Project Technologies, where we will explore key drivers and regulations behind Scope 3 action in APAC, the challenges of managing supply chain emissions, and practical strategies to future-proof your operations. 📅 Register here: [https://lnkd.in/e7MG9fKY] #Shipping #Scope3 #Sustainability #Decarbonization #SupplyChain #APAC #GreenProjectTechnologies

New insights from a Boston Consulting Group (BCG) and CDP report show that most companies and investors are not yet targeting reductions in scope 3 emissions, leading to significant financial risks in supply chains being overlooked 📊 Key findings: - Companies’ supply chain emissions are 26x higher on average than their operational emissions - Only 50% of companies evaluate financial risks from upstream emissions - Just 10% of investors require disclosure of Scope 3 emissions The report highlights the crucial need for measurement and management of these emissions to avoid unreported risks and improve corporate performance. Read the full report here 👉 https://lnkd.in/e2sdWfJ4 Discover how Deepki can support your journey to net zero and sustainability  👉https://lnkd.in/epZQacnR #ESG #Sustainability #CDP

Excited to share CDP and BCG’s latest report on supply chain! -Supply chain emissions (Scope 3) are 26x higher than operational emissions (Scopes 1 & 2). -Only 15% of companies set targets for upstream emissions. -Significant financial risks: Over $335Bn in carbon liability. Read more on how corporates can engage suppliers and address these challenges and drive sustainable impact.

Mid-market companies are increasingly challenged to meet the ESG reporting demands of clients and regulators. California's SB-253 & 261 suggests over 10,000 organizations will have to formally report, along with all their supply chains. Read our brochure to learn how you can turn this compliance burden to your organization's financial benefit. https://lnkd.in/dXw-zwj2