This week, the United Nations Conference on Climate Change 2021, the 26th Conference of the Parties (known as COP26), began in Glasgow, with a strong and clear message:
World leaders and CEOs of many companies have promised activities and projects to reduce their energy and greenhouse gas (GHG) emissions or carbon neutrality with increasingly important programs.
The larger the company, the greater its goals to achieve.
Even if these climate commitments are admirable, a significant element is missing which cannot be underestimated:
Verifiable data on emissions from supply chains or on waste from products created.
McKinsey research shows that the fashion sector is responsible for about 2.1 billion tons of greenhouse gas (GHG) emissions, about 4% of the global total.
To set that in context, the fashion industry emits about the same quantity of GHGs per year as the entire economies of France, Germany, and the United Kingdom combined
For many companies, up to 95% of their total greenhouse gas contribution comes from their complex global supply chains.
The link between supply chains and climate change is hardly new. In recent months we have seen new laws that are changing across Europe and require the monitoring and disclosure of the environmental risk of the supply chain: German supply Chain Due Diligence Act.
Where to start?
To accurately and effectively reduce their carbon emissions, companies must first invest in technology to trace their supply chains down to raw materials.
Measurement is always the first action to take to get to knowledge. When you gain awareness you can change.
I link your a survey to find out about the CO2 emissions of your supply chain. It is not enough to be out of danger, but it is necessary to start a discussion: