Procurement and Supply Chain teams are essential players in the race to reduce Greenhouse Gas (GHG) Emissions, specifically Scope 3 carbon emissions. With over 75%* of total emissions being from an organization’s value chain, businesses must look to suppliers to build a more sustainable supply chain. But how can they embark on this journey?
Establish a Transparent Baseline and Set Reduction Targets
With Ivalua’s Environmental Impact Center (EIC), organizations can build meaningful and transparent emission reduction initiatives. By utilizing reliable data to generate emission baselines and collaborating with suppliers, the EIC is committed to creating a sustainable supply chain. This allows Procurement and Supply Chain departments an important opportunity to contribute to corporate sustainability goals.
Ivalua is one of the few truly integrated suites available on the market and it sets the benchmark in terms of configurability, especially with regard to self-service configuration for processes/workflow, business rules and UI. Continued strong execution makes it a perennial “To Know” and this year in particular has seen the introduction of well-designed tools for carbon emissions calculation and decarbonization management, among many other improvements.
Ivalua’s approach and sustainable procurement solutions simplify the process of understanding and managing emissions data, offering companies an invaluable means to increase transparency in their operations and gain valuable insights into sustainable supply chain management.
With Ivalua, you can make a meaningful impact on the environment by setting ambitious goals and emission targets. Get creative as you work with suppliers, stakeholders, categories and products to pinpoint opportunities for achieving sustainability and reducing emissions – then report on your progress!
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