The push for meeting sustainability goals is critical, as much for the health of the enterprise as for the health of our planet. But, with a barrage of sustainability laws and regulations starting to take effect across the globe, most companies are under-prepared to meet their obligations when it comes to reporting their emissions.

Measuring and reporting Scope 3 emissions is as important as it is challenging. Large percentages (up to 99%) of companies’ emissions are Scope 3, and regulations and requirements grow stricter all the time. The U.S., and individual states within the country, are following in the EU’s path towards tighter regulation. Tighter regulation is coming into play in China, Brazil and other countries across the globe as well. 

Studies show that many supply chain companies are still not sure what needs to be reported. At the same time, reliable data is difficult to obtain: sorting out the type of data to collect, getting the data from stakeholders, and using available technology to bring data together as a usable tool are all key steps.

As measuring performance shifts from profit alone to “profit, planet and people,” companies are assembling teams, assessing resources and determining what help will be needed to achieve sustainability and compliance goals. Read on for an analysis of what’s needed, and what’s available, to meet these goals.

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