According to CDP, the clearest differentiator between corporate responders in 2023 will be through their initiatives and collaborations with suppliers on reducing scope 3 emissions in the value chain.
As governmental and investor pressure also increases on companies to keep the planet in line with below 1.5°C warming, reducing scope 3 impacts through supplier collaboration is going to be the only option. And procurement is going to take centre stage - being the key link between the business and its suppliers is the first step in establishing active, collaborative relationships that can lead to emissions reduction projects, while also feeding into internal corporate strategy and commitments to the move towards net zero.
However, this is a long journey that has to start today if you’re to have any chance of meeting these goals, especially if your organisation has committed to being net zero by 2050. Where do you begin?
Decarbonisation as a Service (DaaS) from Vizibl provides rapid access to our existing Supplier Sustainability Management solution. Establish relationships with the supplier cohort that represents the majority of your scope 3 emissions, quickly assess their performance using pre-configured CDP and SBTi frameworks, and move forward to emissions reduction actions through our Relationship Manager, Collaboration Workspace, and Innovation Hub.
Use DaaS to drive decarbonisation through your high-impact suppliers with tools that support faster and better baselining of current performance, increase alignment around shared goals, facilitate effective collaboration, and help green innovations flourish.
Establish relationships with your most carbon-intensive suppliers.
Vizibl’s Decarbonisation as a Service starts by linking you directly with the suppliers who contribute the most to your organisation’s scope 3 emissions. This is done through a combination of our robust software platform and Vizibl’s enablement services.
Assess current performance quickly so you can start taking action.
DaaS contains pre-configured frameworks from CDP and the Science-Based Targets Initiative (SBTi), allowing you to quickly view and assess your suppliers’ performance. Plus if you have your own data sources, you can add them at this stage.
Collaborate and innovate on decarbonisation solutions together.
Set goals for your scope 3 reduction programmes and link them to Projects in Vizibl’s Collaboration Workspace, and get instant access to Vizibl’s Innovation Hub functionality to leverage supplier-sourced decarbonisation innovations.
DaaS gets you working quickly with the suppliers who represent the majority of your scope 3 impacts, in order for you to start taking immediate action on reducing your wider greenhouse gas emissions with the fewest possible barriers.
Vizibl’s full Supplier Sustainability Management solution takes this a step further, allowing you to take a holistic approach to reducing greenhouse gas impacts across your entire supplier base. Use the Vizibl platform to measure, align, collaborate, and transform your supplier sustainability performance all in one place, plus our expert enablement team will be with you every step of the way, ensuring that you, and your suppliers, are well supported on your journey to net zero.
Quickly set up multiple supplier sustainability programmes across different segments of your supply base and add a portfolio of suppliers to each. View performance individually, or get a rolled up sustainability score across the entire programme.
Attach common sustainability disclosure frameworks such as CDP and SBTi or create your own custom data source, enabling robust measurement of supplier sustainability and removing the friction from data aggregation, performance baselining, and target setting.
Mitigate the friction caused by infrequent updates to sustainability performance data and take proactive action towards improvement. Set a roadmap of incremental targets according to your chosen frameworks across the portfolio of suppliers in each sustainability programme.
Decarbonisation as a Service (DaaS) from Vizibl provides rapid access to our existing Supplier Sustainability Management
solution. Establish relationships with the supplier cohort that represents the majority of your scope 3 emissions, quickly assess their performance, and move forward to emissions reduction actions through our Relationship Manager, Collaboration Workspace, and Innovation Hub. Get the datasheet to learn more.
“Vizibl has given us the ability to closely align our global procurement team and our strategic and preferred suppliers to the Astellas corporate strategy in order to drive mutual business value. Not only have we improved relationships, performance, and outcomes with our suppliers, we’ve driven better, active, collaborative relationships within our own enterprise – enabling procurement to achieve valued business partner status in the Astellas business.”
Paul O’Neill, SVP Global Head of Procurement, AstellasRead Astella Pharma's story