First define requirements within your value chain.
The new SBTi target path for SMEs has less intensive requirements for Scope 3 emissions. A commitment to reducing emissions from the value chain is still highly relevant, and it is worth working with suppliers and taking action to reduce their carbon footprint.
However, setting quantified targets to reduce Scope 3 emissions and monitoring progress can require extensive data collection and analysis, which is often beyond the resources of smaller companies.
You may, therefore, start by making sure you have a sustainable procurement policy. Then a qualitative approach, such as Tier 1 supplier audits, may be advisable. Think simple to take action with your suppliers, exhaustiveness is not the goal.
Only 50% of companies
require their suppliers to adopt sustainable business practices
(Eurocham Singapore - 2020)
- How to write a sustainable procurement policy, by The Matcha Initiative
- Unlock the power of your supply chain, by CDP
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Givvable is an automated data platform that helps organisations understand the sustainability profile of their suppliers and supply chain. It captures, tracks and reports on the credentials of suppliers, that are the strongest indicators of whether a supplier is taking action on sustainability. Givvable covers local to global and SME to MNC suppliers, ensuring it has the widest coverage of supplier sustainability data globally.
Givvable will help you:
We help Brands quit plastic: TRULY sustainable packaging sourcing and consultancy.
South Pole has been at the forefront of decarbonization since 2006, developing and implementing comprehensive strategies that turn climate action into long-term business opportunities for Fortune 500 companies, governments and organizations around the world.
South Pole is more than a consultancy, its team of 1,200+ experts have developed projects, as well as designed innovative tools across finance, climate neutral APIs, and carbon offset solutions to help clients reach their carbon mitigation and Net Zero goals.
To date South Pole has worked with over 1,000 clients, and will soon have developed 800 offset projects across 30 offices globally.
Our solutions have created tens of thousands of jobs in developing countries, hundreds of millions of dollars for business, improved brand value and better living and working conditions for countless people in vulnerable communities around the world.
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Our sustainability consulting services are designed in a continuous improvement process:
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Sustainpath serves:
a) Students & communities through workshops, custom created courses helping them walk the talk on sustainability
b) Social enterprises & Non profits by helping accelerate progress on SDG goals 6, 7, 11, 12 & 13 through program ideation, proposal writing, fund raising, monitoring & evaluation, & mentoring future leaders
c) SMEs through sustainability consulting on ESG, sustainability strategy, Mid to long term goal setting, Investor ready audits and sustainability reporting.
Sustainpath brings global experience in corporate sustainability and ESG through its partner, ENVINT GLOBAL.
Among other things, Sustainpath services include:
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bbp uses patented HVAC optimization technologies, Internet of Things (IoT), proprietary software algorithms, and machine learning to enable businesses to achieve their carbon neutrality and sustainability goals.
The Singapore Business Federation is the apex business chamber in Singapore, representing more than 30,000 businesses.