The “No-Excuse” Opportunities to Tackle Scope 3 Emissions in Manufacturing and Value Chains
Summary
The document argues that Scope 3 emissions, which constitute over 70% of industrial greenhouse gas emissions, are largely unaddressed compared to Scope 1 and 2. It advocates for companies to take responsibility for emissions beyond their immediate operations by implementing profound changes to products and business models, leveraging emerging technologies, and forming new partnerships. Produced by the World Economic Forum's Industry Net Zero Accelerator and partners, the paper identifies 12 'no-excuse' opportunities to drive net-zero transformation across global value chains.
Key insights
- Scope 3 emissions are a critical challenge for industries, representing more than 70% of their total greenhouse gas (GHG) emissions, yet they remain largely unaddressed compared to direct (Scope 1) and purchased energy (Scope 2) emissions.
- To accelerate the reduction of Scope 3 emissions, companies must extend their responsibility beyond immediate operations and implement significant changes to their business models and products through new partnerships and emerging technologies.
- The demand for Scope 3 reporting is being driven by a variety of stakeholders, including regulators, investors, employees, consumers, civil society, and business partners, and is impacting trade policies.
Cite the original document
- APA
- World Economic Forum (2023). The “No-Excuse” Opportunities to Tackle Scope 3 Emissions in Manufacturing and Value Chains. https://www.weforum.org/publications/the-no-excuse-opportunities-to-tackle-scope-3-emissions-in-manufacturing-and-value-chains/
- Chicago
- World Economic Forum. The “No-Excuse” Opportunities to Tackle Scope 3 Emissions in Manufacturing and Value Chains. 2023. https://www.weforum.org/publications/the-no-excuse-opportunities-to-tackle-scope-3-emissions-in-manufacturing-and-value-chains/.
- Wikipedia
- {{cite report |author=World Economic Forum |title=The “No-Excuse” Opportunities to Tackle Scope 3 Emissions in Manufacturing and Value Chains |date=12 December 2023 |url=https://www.weforum.org/publications/the-no-excuse-opportunities-to-tackle-scope-3-emissions-in-manufacturing-and-value-chains/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{worldeconomicforum2023noexcuse, author = {{World Economic Forum}}, title = {{The “No-Excuse” Opportunities to Tackle Scope 3 Emissions in Manufacturing and Value Chains}}, institution = {World Economic Forum}, year = {2023}, month = dec, url = {https://www.weforum.org/publications/the-no-excuse-opportunities-to-tackle-scope-3-emissions-in-manufacturing-and-value-chains/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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