The Towards Net Zero Coalition has developed new supplier sustainability targets to set clear expectations for suppliers across the sector. These targets are designed to accelerate decarbonization efforts and address Scope 3 emissions, which account for the majority of a company’s environmental impact.
These targets apply to suppliers who represent 60-80% of a company’s Scope 3 emissions, with a strong encouragement to cascade the expectations further down the supply chain to the suppliers of suppliers.
The targets provide a baseline of action for companies in the coalition, while encouraging members to go beyond these requirements where possible. Each company has the flexibility to implement the targets as they see fit and is urged to conduct their own materiality assessments to ensure the most relevant sustainability issues are addressed.
By aligning on these targets, we aim to drive sector-wide consistency and accelerate progress towards a more sustainable future.