Ndustrial shares new way to automate Scope 3 emissions
Ndustrial is expanding its software capabilities to capture and report Scope 3 emissions. CDP estimates that an organization's supply chains often account for more than 90% of their greenhouse gas (GHG) emissions, when taking into account their overall climate impacts.1Leading food producers have implemented GHG practices that are reducing their Scope 1 and 2 GHG emissions and are now challenged to measure and reduce their Scope 3 emissions throughout their supply chain, including cold storage.
“If we ignore Scope 3 emissions, we’re only addressing a small percentage of the emissions linked to a business, and we’ll never get a full snapshot of a company’s carbon footprint,” said Daniel Goldman, co-founder and managing partner at Clean Energy Ventures. “In fact, Scope 3 emissions are 11.4x higher than direct, operational emissions.2 With many companies focused solely on Scope 1 and Scope 2 emissions, there is a missed opportunity to find and remove even more emissions as part of Environment, Social, and Governance (ESG) initiatives."