From Regulation to Reality: Turning Global Supply Chain Decarbonization Requirements into Action with Dave Rimkus

Supply Chain Decarbonization; Providing your suppliers with a platform and roadmap to drive to help them make an impact on their decarbonization journey.

Key Takeaways:

• The pressure on the suppliers is real and some do not have the resources, maturity, or money to properly take action without the support of their customers/investors

• Suppliers are led by incentives first to decarbonize not instructions, but as we approach 2030 this will slowly change as pressure mounts to hit publicly facing goals

• The journey to impact must be simple for suppliers with a tangible ROI or end in mind, and that falls on the customers to prioritize that in their sourcing / commercial conversations with their suppliers

 “Many Procurement teams are focused on "decarbonizing suppliers" today, but we are seeing a shift to "decarbonizing supply."  Procurement teams are partnering and growing with suppliers that are taking or have taken decarbonization action.”

“Supply Chain Decarbonization and Scope 3 is not only a sustainability initiative, but also directly correlated to supply chain resiliency and understanding the supply risk at multiple tiers in your sourcing strategy.”

Contributor:

Dave Rimkus