The Scope 3 Playbook: Mitigation Strategies for Companies

With the mission to achieve net zero goals by 2030, companies worldwide are recognizing the critical need to address their full spectrum of greenhouse gas emissions. While many have made significant strides in managing direct (Scope 1) and indirect (Scope 2) emissions, tackling Scope 3 emissions remains a formidable challenge. These emissions, which occur throughout a company’s value chain, often constitute the largest portion of a company’s carbon footprint. According to the Carbon Disclosure Project (CDP), Scope 3 emissions are often 11.4 times greater than a company’s direct emissions (Scope 1 and 2 combined). 

To help companies address these emissions, we’re launching a new webinar series, “The Scope 3 Playbook: Mitigation Strategies for Companies” for a deep dive with experts and sustainability leaders on the best Scope 3 strategies. 

Understanding the Scope 3 Challenge 

Scope 3 emissions include all indirect emissions that occur in a company’s value chain, both upstream and downstream. This encompasses everything from the production of purchased goods and services to transportation and distribution, to the use of sold products and end-of-life treatment.  

The Importance of Tackling Scope 3 Emissions Now 

1. Magnitude and Impact: For many companies, Scope 3 emissions represent the largest share of their total greenhouse gas emissions. Addressing these emissions is essential for making significant progress toward net zero targets. 
2. Regulatory and Market Pressure: Increasingly, governments and regulatory bodies are implementing stricter reporting requirements for Scope 3 emissions. Additionally, investors, consumers and employees are demanding greater transparency and accountability in corporate climate actions. 
3. Competitive Advantage: Companies that proactively manage their Scope 3 emissions can differentiate themselves as leaders in sustainability, attracting environmentally-conscious customers and investors. 
4. Resilience and Risk Management: Understanding and managing Scope 3 emissions helps companies identify vulnerabilities in their supply chains and develop more resilient and sustainable business practices. 

Despite the call for more action on companies’ value chains, Scope 3 emissions have been notoriously difficult to quantify and manage. Companies often find it cumbersome to tackle, especially when it involves working with their suppliers in embarking on a net zero journey. EDF’s Net Zero Action Accelerator (NZAA) previously hosted a webinar series centered on “Enhancing Supplier Engagement for Climate Action,“ highlighting best practices and new frameworks to advance value chain action. 

To continue supporting companies with Scope 3 action, NZAA is partnering with the UN Climate Change High-Level Champions Race to Zero this Fall to launch a new webinar series that will focus on a deep dive into some of the most pressing topics surrounding Scope 3 emissions. 

Introducing Our New Webinar Series for Scope 3 Success 

Our webinar series, “The Scope 3 Playbook: Mitigation Strategies for Companies,” is designed to provide practical insights and strategies for overcoming the challenges associated with Scope 3 emissions. Featuring experts from EDF and leading industry practitioners, this series will cover the following topics: 

• Scope 3 Measurement Challenges and Practical Measurement Techniques 
• Electrifying the Future: Journeys in Medium and Heavy Duty Vehicle Electrification for Reducing Value Chain Emissions 
• Innovative Technologies for Tracking and Reducing Scope 3 Emissions 
• Current and Upcoming Regulations Impacting Scope 3 Reporting 
• Embedding Environmental and Climate Justice into Climate Action Goals and Supply Chain Mitigation Strategies 
• Mitigating Scope 3 Emissions in the Food & Agriculture Sector 
• Funding and Investment Opportunities for Scope 3 Projects 
• A Holistic Approach to Tackling Scope 3: Embedding Nature into Climate Action  
• Companies Educating and Engaging Consumers on Sustainable & Low Carbon Products 
• Uncovering the Complexities of Partnerships and Alliances for Collective Scope 3 Action

Why Attend? 

Whether you are a sustainability professional, a supply chain manager, or a corporate executive, this webinar series offers valuable insights to help you master Scope 3 emissions management. By participating, you will gain: 

• Expert Knowledge: Learn from leading experts in the field of emissions management and corporate sustainability. 

• Actionable Strategies: Obtain practical tools and techniques that you can implement within your organization. 

• Networking Opportunities: Connect with peers and leaders who are also navigating the complexities of Scope 3 emissions.

Register Today

Don’t miss this opportunity to enhance your company’s sustainability practices and make a meaningful impact on global emissions reduction. Register now for “The Scope 3 Playbook: Mitigation Strategies for Companies” and take the next step toward a sustainable future. 

To accompany this new webinar series, please consider reviewing the following NZAA resources: 

• Reading: Measure and Map Scope 3 Emissions 
• Reading: Develop a Scope 3 Reduction Strategy  
• Webinar: Intro to Scope 3 Emissions Measurement (in partnership with 3Degrees)