Creating a More Sustainable and Resilient Supply Chain 

Creating a More Sustainable and Resilient Supply Chain 

Supplier engagement plays an essential role in addressing Scope 3 emissions and achieving climate targets. Collecting GHG inventory data from suppliers can be a daunting task for any company. Software solutions offer some relief; however, strategy, communication, education, and procurement engagement are also critical for success. A best practice for tackling supplier engagement is collaborating with competitors, as shared value chains are common in most sectors. Companies will achieve considerable progress if they can define a win-win relationship with their competitors and suppliers, provide methodologies and support, certify data quality, and highlight benefits to the bottom line. 

Canopy Edge Engagement Framework: Supplier Engagement

Supplier Engagement: Initiate

Initiate

  • Identify and rank suppliers 
  • Carrot/stick strategy 
  • Select inventory tool 
  • Announce the program 
Supplier Engagement: Process

Process

  • Deploy survey forms 
  • Provide training for data collection 
  • Periodic check-ins 
  • Assess data quality and resolve data gaps 
Supplier Engagement: Outcome

Outcome

  • Lower Scope 3 emissions 
  • Improve value chain data quality 
  • Augment supply chain resilience 
  • Meet stakeholder and regulatory compliance