CIRCULAR ECONOMY the conduit to an organisation ’ s suppliers and is therefore critical to attaining a circular economy .
“ To achieve a circular economy , organisations will need to embrace a
“ To achieve a circular economy , organisations will need to embrace a transparent , collaborative , and data-driven approach to procurement ”
ALEX SARIC CHIEF MARKETING OFFICER , IVALUA transparent , collaborative , and data-driven approach to procurement ,” Saric says . “ This allows them to gain actionable insights and identify areas where such an approach can be implemented across the supply chain .”
The Circular Economy and Net Zero When it comes to achieving net zero , much of the focus lies on Scope 1 ( direct emissions ) and Scope 2 ( indirect emissions from electricity , steam heating etc ) emissions . Scope 3 emissions are produced by the rest of a company ’ s value chain , such as suppliers , and are consequently often overlooked . Yet , for most organisations , Scope 3 emissions represent the bulk of their carbon impact .
Saris says : “ A circular economy creates much greater efficiency across the supply chain , reducing the number of products that
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