A great discussion was had with representatives from CDP, SBTi, Heineken, Ørsted, BCG and the World Economic Forum, and there were 3 key takeaways from these discussions:

1. There is increasing pressure and value for suppliers to start decarbonizing, driven by stakeholder scrutiny and differentiation opportunities.

2. Suppliers indicate the main challenges that prevent action are cost and data quality. Advanced players shared that they are increasingly willing to pay a green premium to support suppliers, and a recommendation on data quality is to get started and not aim for perfection from the beginning.

3. The ecosystem is adapting to bring wider support to more suppliers. The Alliance of CEO Climate Leader’s Support Hub offers free resources to suppliers to support along their journey, whatever their starting point.

We hope this session proved useful for Alliance members and their suppliers by showcasing the value of collaboration in decarbonization, sharing concrete examples of successful supplier collaborations, and highlighting the standards, tools, and guidance that are available to help address individual emissions.