There are multiple ways to reduce or avoid emissions in your operations or supply chain and Project Gigaton™ is purposefully designed to allow every supplier to participate, no matter what type of product or service you sell. The first step is setting a goal. You can do this one of two ways:
- A broad emissions reduction target that captures Scope 1, Scope 2, and possibly Scope 3 emissions. In order to set this type of target, companies must first measure their carbon footprint.
- For suppliers just getting started on their emissions reduction journey, setting an emissions reduction target in one or more of six key areas – Energy, Waste, Packaging, Nature, Transportation, or Product Use – might be the right place to start.
So, what type of emissions reduction goal(s) should your company set? While we encourage you to aim for an ambitious Science-Based Target, your goal should reflect the maturity of your company’s sustainability program. For example, you could consider committing to:
- Achieve a 20 percent absolute reduction in emissions by 2030 compared to a 2020 baseline.
- Achieve a science-based target by reducing absolute emissions 50 percent by 2030 compared to a 2020 baseline and achieving net zero by 2050.
Again, these are just examples. You’ll need to determine the scope, timeline and type of goal that makes sense for your company and products. View the goal formats that you can set in Project Gigaton™.