Collecting Scope 3 emissions data need no longer be a hurdle on your company’s net-zero journey. Accelerate your decarbonization along supply chains.

We have partnered with CO2 AI to create the CO2 AI Product Ecosystem, a transformative solution, leveraging advanced analytics and technology to empower companies to seamlessly exchange, measure and manage emissions down to the product level in one streamlined, secure environment.

The value of product-level data

Emissions must be cut by 50% by 2030 to reach net-zero by 2050, and industries need to move beyond addressing the issue at a company level.

CDP’s Supply Chain program pioneered Scope 3 disclosure, supporting members to engage their suppliers to take climate action, resulting in 70 million tonnes of CO2 emissions reductions in 2022.

Increasingly, companies are realising that, to truly maximize their Scope 3 climate emissions reductions, they need visibility of product-level emissions data during the procurement process. However, this has historically been challenging for suppliers to provide. In fact, in 2021, only 2% of suppliers reported any product-level lifecycle footprints through CDP.

Measuring impact is the essential first step for effective corporate environmental action. Without reliable data, companies can’t take the most effective and efficient actions, and this is what CDP’s Supply Chain program has facilitated for over 280 companies. Second, companies need the right tools and resources to enable them to identify their impacts on a granular level, enabling them to set targets, and transform those targets into action.

That’s where CO2 AI Product Ecosystem comes in.

A transformative solution

CO2 AI Product Ecosystem enables companies to collaborate on—and accelerate—their emissions optimization journeys by enabling the sharing of product-level sustainability data in a secure, auditable, and action-oriented manner.

CO2 AI drives carbon reduction and sustainability initiatives from the theoretical to the impactful, enabling the world’s leading organizations to measure, track, report, and ultimately reduce their climate impact at scale. The Product Ecosystem is set to become the reference platform for product-level climate and environmental data, providing increased accuracy and transparency to companies’ supply chain.

The Product Ecosystem will address organizations' key pain points in product decarbonization by:

• Enabling companies to request and store emissions data from suppliers in one location, for collaborative and action-oriented value chain engagement that facilitates net-zero journeys for entire ecosystems; 
• Using best-in class advanced analytics-powered accuracy to streamline the collection and sharing of environmental data such as carbon emissions and water usage; 
• Collecting transparent and auditable product level data in line with CDP guidelines, improving the accuracy of greenhouse gas calculations and carbon accounting; 
• Facilitating secure and seamless exchange of product-level emissions data, allowing companies to request and store Scope 3 emissions data from suppliers in a centralized location; 
• Using emissions hotspot identification to identify priority intervention areas;
• Importing data into CDP’s advanced analytics and reporting solution provides emissions and impact reduction recommendations. 

CO2 AI is one of very few solutions accredited by GRI and is also fully compliant with the Greenhouse Gas Protocol.

To join the trailblazing companies using the CO2 AI Product Ecosystem to transform their Scope 3 reporting, please visit the CO2 AI website or contact your Supply Chain membership account manager for more information.