Episode
80

Net Zero Procurement with Bob Willard

April 12, 2023
|
Duration:
1895212
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In This Episode:

Join David Arkell, John Pooley, Lysandra Naom, and Bob Willard, Founder and Chief Sustainability Champion at Sustainability Advantage, on an episode all about net zero procurement. This episode features what net zero procurement is with a focus on scope 3, who is involved in implementation, challenges and more. More information about Bob and his resources for sustainability champions can be found at www.sustainabilityadvantage.com. Check out our 360 Carbon Excellence Program.

Highlights

  • Understanding Net Zero Procurement:
    Net Zero procurement involves selecting suppliers and products based on their carbon impact, aiming to reduce the greenhouse gases associated with purchased goods and services.
  • Significance of Scope Emissions:
    Scope 1 includes direct emissions, Scope 2 covers emissions from purchased electricity, and Scope 3 involves all other indirect emissions, including those from the supply chain. Scope 3 often comprises the majority of a company’s emissions.
  • Challenges in Data Collection:
    Tracking emissions data, particularly for Scope 3, is difficult due to limited access to information from secondary suppliers, making it essential for companies to build transparent supplier relationships.
  • Government’s Role in Sustainable Procurement:
    Willard highlights initiatives like Canada’s low-carbon procurement program, which sets guidelines for reducing the carbon footprint of goods and services bought by the government.
  • Financial and Environmental Benefits:
    Sustainable procurement practices can drive cost savings and operational efficiencies, demonstrating that sustainability efforts align with sound business practices.

    • Key Insights

  • Increasing Supplier Accountability:
    Organizations are encouraged to engage suppliers who disclose their emissions data, fostering accountability throughout the supply chain and ensuring alignment with Net Zero goals.
  • Collaboration Across Departments:
    Effective Net Zero procurement requires collaboration among procurement, finance, and operational teams to establish specifications and evaluate suppliers based on carbon impact.
  • Data and Desire as Essential Components:
    Willard stresses that a successful Net Zero procurement strategy requires both accurate emissions data and a strong organizational commitment to sustainability.
  • Scope 3 as an Opportunity:
    While challenging, Scope 3 offers a significant opportunity for organizations to reduce their overall emissions by engaging with suppliers and investing in more sustainable products.
  • Long-Term Business Benefits:
    Companies adopting Net Zero procurement can expect to save costs, improve reputation, and reduce climate risks, ultimately positioning themselves favorably in an increasingly carbon-conscious market.
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