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  "documentTitle": "Thought you knew the Scope 3 issues in your supply chain? Think again.",
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      "text": "A focus on eliminating Scope 3 emissions is critical because it can bring value beyond emissions.",
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      "text": "share of global emissions from supply chains: 60 percent",
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      "text": "Generating such benefits starts with gaining real visibility into Scope 3 emissions—particularly those coming from upstream suppliers. This, in turn, requires companies to truly understand all the sources of their upstream emissions—across every tier of their supplier base—and the differences in those sources at the supplying industry and country levels. These insights are the prerequisites to subsequently taking action to reduce Scope 3 emissions.",
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      "text": "Yet CEOs’ intentions haven’t translated into significant actions. According to a CDP survey, only 10 percent of companies are tracking at least some elements of Scope 3 emissions. Of that small group, only 9 percent are achieving their emissions target. Chief supply chain officers must still balance what can often be conflicting priorities—cost, quality, service and now, sustainability. And in that equation, sustainability often takes a back seat. According to a recent Accenture survey, just 22 percent of procurement leaders see sustainability as a top 3 priority.",
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      "text": "Chief executive officers (CEOs) recognize the challenge. Of the global 2000 (G2000) companies, 34 percent have set an ambitious net zero target in line with climate science. Many companies have committed to net zero operations by 2040, or possibly earlier. Many companies are already committed to powering their operations with renewables. So, the big priority is now shifting to efficiently measuring and reducing Scope 3 emissions.",
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      "text": "The United Nations Global Compact (UNGC) CEO study done in collaboration with Accenture says the supply chain is the key to winning the battle against climate change. That’s because supply chains are the biggest contributor to the problem—they generate up to 60 percent of global emissions.",
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      "text": "We know that companies that pursue a strategy of Total Enterprise Reinvention outperform their peers in this area. They deliver superior outcomes by thinking more deeply about how their reinvention will enable them to engage with customers and employees, deliver more sustainable outcomes and enhance their approach to innovation.",
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      "text": "Clearly, companies need to do more to address emissions to achieve their decarbonization goals. But it’s not just about carbon. A focus on eliminating Scope 3 emissions is critical because it can bring value beyond emissions. Depending on their sector, companies are linking sustainability outcomes to their enterprise value creation agenda. This includes accessing premium customer segments, expanding market access, improving talent retention and attraction, lowering the cost of capital, mitigating regulatory disruption, improving resilience and mitigating risk.",
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