Published: 08 May 2024
Selecting the right digital solution for Scope 3 emissions programs is a challenge for many procurement technology leaders. This document offers guidance on identifying different solution types, assessing capabilities available in the market and choosing the best solution for your Scope 3 program.
According to a study conducted by the Scope 3 Peer Group, 89% of responding organizations are using or currently searching for a digital solution to help them manage their Scope 3 decarbonization program.
A majority of the responding organizations (55%) plan to use two or more digital solutions to manage their Scope 3 program. The top two reasons for this are to enable different outcomes such as supplier collaboration or reporting (53%) and to manage corporate value chain and product life cycle emissions separately (53%).
The process for selecting a digital solution for Scope 3 is often fraught with
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