Decarbonizing Supply Chains: A Scope 3 Playbook for India
This report serves as a guidebook for Indian businesses to reduce Scope 3 emissions in their supply chains.
This report serves as a guidebook for Indian businesses to reduce Scope 3 emissions in their supply chains.
To align with India’s net zero by 2070 target, Indian companies must set their Scope 3 goals and pathways to decarbonize their operations and supply chains. This report highlights the challenges that companies face in their Scope 3 journey, such as complex supply chains, concerns over data availability, non-uniform reporting standards, policy gaps, lack of incentives, technological constraints and cultural factors.
The report provides a holistic, five-step framework: establishing a credible baseline, setting science-based decarbonization targets, developing a business case, engaging suppliers, and promoting sustainable design and circularity. It emphasizes the importance of collaboration between businesses, governments, non-governmental organizations and the broader community to reach the goal of Scope 3 emissions reduction in supply chains.