ECOVADIS | BCG
“ There are huge payback opportunities in suppliers that haven’ t yet tackled basic efficiency projects,” Dexter adds. Pierre-François offers a practical example from a pharmaceutical client:“ The company’ s factories were already optimised for energy. But the suppliers were just starting out. Each dollar invested in supplier energy management delivered three dollars of value.”
From unmanaged risk to economic opportunity While regulatory reporting requirements are tightening, the risk exposure is already vast. he report estimates that unmanaged upstream Scope 3 emissions could cost corporations more than US $ 500bn annually by 2030 through exposure to potential carbon pricing.
Diana emphasises the importance of quantification.“ You can’ t manage what you haven’ t measured,” she says.“ Once companies identify where the exposure lies, they can act on the most cost-effective reductions first.”
Investors also have a growing role in accelerating accountability. Dexter highlights the financial sector’ s influence:“ There are still trillions of dollars aligned with the principles of the International Sustainability
8 ecovadis. com