Elevate Your Supply Chain Emissions
Strategy with Lythouse
Automate Data Handling. Eliminate Supplier Data Gaps.
Optimize Sustainability Reporting
Optimize Sustainability Reporting
Why Supply Chain Emissions Matter
for Sustainability?
Supply chain emissions, also known as Scope 3 emissions, represent the largest and most complex part of a company’s carbon footprint, often accounting for more than 50%. According to a report by CDP and Boston Consulting Group, upstream than Scopes 1 and 2 combined.
Effectively managing these emissions is crucial for achieving sustainability goals, reducing risks, and fostering environmental change, while enhancing competitiveness and corporate reputation.
Navigating the Challenges of Supply Chain Emissions
Managing supply chain emissions, particularly within Scope 3.1, 3.2, and 3.4, presents specific challenges:
Data Volume and
Complexity
The vast and diverse data in Scope 3.1, 3.2, and 3.4 can overwhelm businesses. Without advanced tools, consolidating and processing this data leads to inefficiencies and potential errors.
Complex
Calculations
Scope 3 categories require intricate calculations, especially for spend-based methods & supplier specific methods. Overlapping data in 3.1, 3.2, and 3.4 increases complexity, demanding verification for accurate and compliant reporting.
Supplier Data
Dependency
Accurate emissions tracking depends heavily on supplier data, which is often inconsistent or incomplete. This lack of control complicates measurement and verification efforts, requiring extra diligence for reliable results.
Key Approaches for Effective
Supply Chain Emissions Management
To effectively manage these challenges, Lythouse employs a comprehensive
methodology tailored to Scope 3 emissions:
Supplier-Specific Method: Collect supplier-specific emissions data for most
precise calculations, pinpointing supply chain hotspots and ensuring transparent,
reliable reporting.
Spend-Based Method: Estimate emissions using the spend-based method,
which calculates based on procurement costs. This approach is cost-effective but
may lack precision.
Life Cycle Assessment (LCA) Data: Evaluate emissions throughout a product’s
entire lifecycle, from production to disposal, ensuring a comprehensive and
thorough assessment.
Master Supply Chain Emissions
Management with Lythouse
Leveraging 25 years of Zycus expertise, Lythouse streamlines supply chain emissions
management with advanced data ingestion, AI-powered data processing, automated
calculations
Optimize Large-Scale Data Management
Automated Emissions Tracking: Manage complex emissions data effortlessly with Lythouse’s scalable platform. Automatically integrate data via SFTP or API, handling millions of line items from thousands of suppliers for seamless tracking.
Consistent Data Standardization: Using a robust ETL process, consolidate and standardize data from multiple sources, ensuring accurate and consistent emissions reporting.
Simplify Intricate Emissions Calculations
Lythouse utilizes a multi-faceted approach to provide precise CO2e estimates
while also identifying and prioritizing key emissions hotspots within your organization.
Supplier-Declared Product Emission Factors
Lythouse collaborates with
suppliers to obtain detailed
emissions data for individual
products or services, ensuring the
highest accuracy in tracking
emissions.
Activity-Based Emission Factors
For available specific data like
energy consumption, fuel usage,
or transportation activity,
Lythouse employs detailed activity
data for more accurate emissions
estimates.
Spend-Based Emission Factors
When specific data is limited,
Lythouse estimates emissions
based on financial expenditure,
using average emission factors for
different commodities and
sectors.
Most Accurate
Most Approximate
Eliminate Supplier Data Gaps with GSN
Lythouse simplifies supplier data management with its Green Supplier Network, fostering collaboration and accurate emissions tracking. Here’s how:
- Seamless Collaboration: Easily connect with suppliers for emissions tracking.
- Pre-Seeded Supplier Data: Access pre-seeded carbon data for thousands of suppliers.
- Expand Network: Invite suppliers to join for free and collaborate.
FAQs
Lythouse simplifies the management of overlapping Scope 3 categories (3.1, 3.2,
and 3.4) by providing a unified data management system. This system integrates
and organizes data across these categories, ensuring accurate tracking and
reporting, while eliminating confusion and providing clear, reliable insights.
Lythouse employs a multi-faceted approach, including spend-based methods,
supplier-specific data collection, and Life Cycle Assessment (LCA) data, to
ensure accurate CO2e estimates and comprehensive emissions reporting.
Lythouse’s Green Supplier Network enables real-time collaboration with
suppliers, streamlining data sharing and verification. This network fosters
transparency and encourages suppliers to align with sustainability practices,
directly contributing to lower emissions across the supply chain.