_________________________________________________________________________________ Sustainable Supply Chain
Action 4 : Bring suppliers into the fold on decarbonization efforts
Suppliers are key stakeholders in increasing the visibility of Scope 3 emissions . Companies should create a supplier engagement program that allows them to work with suppliers on their own decarbonization efforts . Such a program can provide training to set science-based targets and report on ESG performance , which leads to better data quality and accuracy . A supplier engagement program for one aerospace and defense manufacturer focused on three initiatives with its company ’ s suppliers : creating a code of conduct , ensuring compliance with regulation and managing supply chain and reputation risk , and guaranteeing the responsible sourcing of materials .
Action 5 : Increase collaboration
A majority of the private sector has consistently asked for clear data and measurement criteria to track and report progress on sustainability efforts . One way to remedy this problem across supply chains is by aggregating data from multiple
sources . Doing this effectively requires collaboration that involves peers , suppliers and ecosystem partners committed to improving their data quality and willing to act on recommendations . For instance , a US-based multinational retail corporation created an intelligent operating model that gave suppliers the resources and support to pursue decarbonization efforts – including financial incentives for SBTi-validated targets to renewable energy access . ■
For a list of the sources used in this article , please contact the editor .
Kris Timmermans , Jan-Willem Jannink www . accenture . com
Kris Timmermans leads Accenture ’ s global supply chain and operations business . Jan-Willem Jannink leads the sustainable value chain at Accenture ’ s Industry X business . Accenture is a leading global professional services company that helps the world ’ s leading businesses , governments and other organizations build their digital core , optimize their operations , accelerate revenue growth and enhance citizen services — creating tangible value at speed and scale .
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