In a time when the value of sustainability is becoming more widely recognized, businesses are always looking for novel solutions and going beyond traditional limits to account for their carbon footprints. Companies must increase their sustainability efforts as consumers grow more aware of the environmental impact of the products they buy. Focusing solely on direct emissions is no longer sufficient; a genuine commitment to sustainability requires a thorough analysis of a brand’s carbon footprint, including indirect emissions from the supply chain.
Tracking Indirect Emissions: A Challenge
Understanding and controlling Scope 3 emissions is a considerable task for many organizations. The extraction and manufacture of acquired resources, outsourced activities, transportation, and product disposal are just a few examples of the many points throughout a company’s value chain where indirect emissions are generated.
Tracking the breadth and depth of indirect emissions from suppliers is a complex process. This complexity results from the requirement for a methodical approach that records and manages these emissions, establishes sustainability goals for suppliers, and continuously monitors their progress.
This complexity results from the requirement for a methodical approach that records and manages these emissions, establishes sustainability goals for suppliers, and continuously monitors their progress. However, it is challenging to gather and evaluate this data effectively due to the sheer diversity of sources, the multiplicity of data formats, language discrepancy, and different units of measurement. As a result, companies look for creative ways to speed and simplify the process of figuring out Scope 3 emissions, paving the way to streamlined emissions tracking.
A New Approach to Sustainable Supply Chains
Modelo adopted Carbondeck GHG accounting software with its “Supplier Management Panel” to address this issue. With the help of our platform, businesses can connect with all of their suppliers in one place for productive collaboration. Using Carbondeck, each provider could independently calculate its Scope 1-2 emissions, giving Modelo access to real-time carbon footprint monitoring. With our panel’s aid, Modelo could effectively set and track each supplier’s progress toward emissions reduction goals.
Unified Calculations of GHG Emissions
The “Supplier Management Panel” yielded a harvest of benefits. It standardized the supply chain’s method for calculating GHG emissions. This eliminated the challenges of varying data formats, language differences, and a wide range of units. Carbondeck brought clarity to the process and encouraged suppliers to actively participate in lowering their carbon footprint.
Management of emissions underwent a fundamental change.
1. Unified dashboard: Reduced complexity and improved operational efficiency.
2. Real-time tracking: Helped make quick, educated decisions, quickly recognizing and resolving potential problems.
3. Target-setting: Synchronized suppliers’ actions with the companies’ sustainability goals, encouraging targeted and verifiable progress toward common objectives.
4. Progress monitoring: Created a new level of accountability and transparency, which deepened trust between all parties involved.
5. Automated reporting: Ushered in an era of improved accuracy by lowering the possibility of human errors and delivering more trustworthy insights.
6. Customization and integration: Increased adaptability for each supplier to implement it into its current operational paradigm.
7. Secure data management: Safeguarded sensitive information.
8. Supplier engagement: By actively empowering suppliers to participate in the sustainability journey, the platform improved supplier performance and aided in developing a more sustainable supply chain.
Driving the Transition to a Low-Carbon Economy
Modelo has succeeded by using our GHG accounting software to raise the bar for supply chain sustainability. They now have a comprehensive understanding of their carbon footprint thanks to the ability to extend emissions tracking to their suppliers. Their sustainability goals have helped lower the amount of carbon emissions brought on by things such as vehicle use and electricity. A culture of accountability and cooperation among suppliers has also been fostered through the platform, and this has played a crucial role in lowering the overall carbon footprint of Modelo‘s value chain.
Modelo has positioned itself as a trailblazer in a world where sustainable business practices are increasingly demanded from all companies. They have shown how taking proactive steps, such as establishing thorough GHG accounting, may drastically lower a brand’s carbon footprint and consequently safeguard the future of our planet.
