The Estee Lauder Companies - ELC and the Climate Group Launch Report to Help Drive Collective Climate Action.

This report identifies a series of recommendations from our Shifting systems - Supply chains roundtable, co-hosted with The Estee Lauder Companies. The report highlights several action areas for organisations to lead on Scope 3 emission reductions.

Shifting systems

Tackling the Scope 3 emissions challenge is the next big frontier for business action. Leading on Scope 3 collaboration has and will continue to require organisations to rethink how they engage and support suppliers. It is crucial to take a more collaborative approach to co-create solutions and adopt long-term changes that support stakeholders and create value for both buyers and suppliers. But there are still some unanswered questions: how to share data, what to do about reporting fatigue, and who should pay for all of it?

This roundtable aims to:

Share best practice, advice, and lessons learnt from current supplier engagement programmes and objectives.

Understand how to measure success and engagement, what works and what needs to be improved.

Improve efficacy of engagement through cross sector and cross industry learnings.

Enable radical collaboration across and between industries to deepen Scope 3 emissions collaboration and create resiliency across the sectors.

roundtable participant

Key recommendations

Many organisations are taking similar and interconnected approaches. This is a summary of the key elements participants shared on how to tackle Scope3 emissions and effectively collaborate across supply chains

Create a 'climate school'

Collaborate for success

Streamline your reporting

Stay on top of data collection

Embed sustainability into your corporate identity

More information on each key area is available in the full report.

(C) 2022 Electronic News Publishing, source ENP Newswire