Approximately 40% of public companies are already reporting on Scope 3 (which includes vendors).
Per this study by Sphera, by the start of 2027 (which requires 2026 data), Scope 3 reporting is expected to increase from the current 40% to 90%
What does this mean to you?
- These large companies are desperate to find vendors who can help them satisfy their Scope 3 mandates
- If you are part of a supply chain that has a public company in it, and you wish to remain a vendor, odds are, you will soon be required to have a sustainability program and start reporting on your carbon emissions.
- If you are looking to take market share, getting ahead of this and promoting to those companies desperate for vendors that you can help them satisfy their Scope 3 mandates, might be a smart play.
- If you would rather become sustainable and develop your carbon emissions program at your pace, rather than be forced by a client to scramble, getting started now might be a smart play.
- If you would prefer to get this done before prices go up (due to demand pressure), getting it done over the next few months might be a smart play.
- Or you can ignore this and let the chips fall as they may.
Like most things in life and business, the majority of company leaders will ignore this until they are forced to comply. This message is not for them.
This message is for those that see the opportunity and want to be in front.
If you are one of them, watch this master class and contact us.