SUPPLIER EYE

Suppliers' heads keep spinning. If the challenges of inflation, energy costs, logistics and labor scarcity weren't enough chaos, here comes another hurdle: The ongoing push for de-carbonization - reducing your company's emissions footprint and that of its products - is wrapped into a new set of protocols called Scope.

Before we get too far into the weeds, it is important to understand key definitions used by government and industry to underscore emissions commitments. Carbon neutrality is the balancing out of emitting versus absorbing carbon over a timeframe. Several governments and companies have offered this as an early pledge, or low bar, to get all parties onboard.