ECOVADIS | BCG
“ AI is making sustainability intelligence accessible to everyone – not just experts”
Pierre-François Thaler, Co-CEO and Co-Founder,
EcoVadis
Diana Dimitrova, Managing Director and Partner at BCG, agrees that the financial stakes are impossible to ignore.“ The liability in unmanaged upstream Scope 3 is half a trillion dollars,” she says.“ But the flip side is that many actions in the supply chain deliver a positive three- to six-times return on investment.”
Business leaders, she explains, are beginning to see decarbonisation not just as a responsibility, but as a route to resilience.
Why upstream Scope 3 emissions remain the blind spot Calculating and managing Scope 3 emissions is inherently complex. Pierre-François notes that small and mid-sized firms are also less likely to report or act on Scope 3.“ When you’ re a small manufacturer supplying a global brand, you may not have the systems or expertise to measure and manage emissions,” he says.“ But that is changing fast.”
Dexter Galvin, Climate Ambassador at EcoVadis, believes misconceptions still slow progress.“ Many companies say they need to get their own house in order before engaging suppliers,” Dexter explains.“ But that idea is inherently wrong. Supply chains are where the biggest opportunities remain.”
He points to abatement cost analysis, the technical process of assessing the cost-per-tonne of avoided emissions, as a critical insight from the research. ecovadis. com 7