Accelerating the Journey to Scope 3 Decarbonization Factors Driving Success - EcoVadis - Giselle Grant

1. Document classification: EcoVadis Confidential - Restricted Use (EVS, CSM, Sales, Customers and prospects)
Accelerating the Journey to Scope 3
Decarbonization: Factors Driving Success

2. 2
Document Classification: EcoVadis Public
Gracee Shorter
Strategic Account
Executive
EcoVadis
Elizabeth Carlson
Chief Sustainability
Officer
Tricon
Hamzah Abu-Ragheb
Sustainable Sourcing
Director
Aramark & Avendra
Group
Devin Carsdale
Associate Director of
Sustainability
Bristol Myers
Squibb
Josh Whitney
Managing Director,
Sustainable Value
Chain
Accenture

3. 3 Document Classification: EcoVadis Public | © 2020 EcoVadis SAS. All rights reserved 3
3
How do you quickly identify
your high risk suppliers to
prioritize for decarbonization?
How do you get
trusted data beyond
your largest
suppliers?
How do you monitor and
collaborate on
performance
improvement over time?
How can you embed climate
action into your overall
supplier sustainability
program?

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Document Classification: EcoVadis Public | © 2023 EcoVadis SAS. All rights reserved 4
4
The Scope 3 Decarbonization Journey
Reporting
accuracy
and
precision
Steps along the way

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5
Document Classification: EcoVadis Public
How are suppliers in the network reducing their carbon
footprint?
GHG emissions
is publicly available
GHG emissions
report verified by a
third party
Life Cycle Analysis
used as a tool for
planning climate action
Reporting of
product level emissions
data in line with GHG
Protocol and other
standards
57%
49% 8%
12% 2%
12% 1%
1% 0%
20% 30% 50%
40% 60%
2023 (year-over-year increase)
2022 (baseline year)
0% 0%
1%
0%
20% 6%
26%
28% 1%
17% 2%
29%
19%
40% 7%
16%
47%
20%
4% 1%
14%
5%
2% 1%
13%
3%
Total
Purchasing
and/or generating
renewable energy
Using waste heat recovery
systems/combined heat
and power units
Purchasing verified
carbon offsets
Using carbon capture
and storage technology
0% 10%
Improving energy
efficiency through tech or
equipment upgrades
Training employees on
energy conservation/
climate actions
Large companies
SMEs
4%
How are suppliers in the network tracking their emissions and
reporting their progress?

6. 6 Document Classification: EcoVadis Public | © 2020 EcoVadis SAS. All rights reserved 6
6
Understanding the carbon maturity of suppliers
and taking a differentiated approach is critical
to drive supply chain decarbonization
Report Scope 1
and 2 emissions
Carbon
Calculator,
Assign GHG
Calculation
Course, and
request Metrics
Demonstrate
significant GHG
emission reduction
Explore
opportunities for
innovation,
collaboration and
deeper partnership
Reward
Set a GHG
emission
reduction target
and report
Scope 3
Define joint
carbon ambition
with supplier
Assign PCF
Course
Implement
decarbonization
initiatives
Encourage to set
SBTs
Incentivize
through contract
terms, promotional
opportunities,
preferred vendor
status, etc.
Insufficient
Beginner
Intermediate
Advanced
Leader
Maturity
Level
Take
Action!
Meeting Suppliers Where They Are
Next Step
Understand basics
of GHG emissions
Carbon Maturity
Assessment &
Benchmarking

7. Document Classification: EcoVadis Public | © 2020 EcoVadis SAS. All rights reserved 7
7
Supplier Engagement & Capacity Building - It Works!

8. 8 Document Classification: EcoVadis Public | © 2020 EcoVadis SAS. All rights reserved 8
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From Ambition to Action: 5 Factors that Drive Success
Lead with insights,
incentives and
recognition to drive
improvement
Leverage a shared
platform to scale
Engage suppliers
by meeting them
where they are
Structure your
approach: identify
hotspots, set priorities
& assess maturity
Collaborate within
or cross-industry ex:
Sector Initiatives,
PACT, WBCSD

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Document Classification: EcoVadis Public
The Scope 3 Agenda Podcast
https://ecovad.is/podcast