A major energy utility company operating all renewables technologies embarked on a journey to develop a Scope 3 emissions reduction strategy through 2030.
Their annual procurement spend (Scope 3 upstream) exceeds several billion USD, spanning categories, business units, regions, and suppliers. The goal was to understand their Scope 3 emissions baseline contributed by specific procured goods and services.
Within 12 weeks, the client was able to meet their goal and optimize their decarbonization strategy by balancing impact and cost of abatement.