Event report

Past Event | Sustainability & Responsibility Club 2023 Session #2

The Sustainability & Responsibility Club is a peer-to-peer forum for CEOs, CSOs and Sustainability leaders in their organisation to share their knowledge and experiences in a confidential and trusting environment.

Thank you to our esteemed guest speakers  Mr. Alister Stewart, Principal Sustainability Business at Schneider Electric, Ms. Sanjala Hari, Manager, Sustainability Business at Schneider Electric and Ms. Yee Ching Low, Regional Marketing Specialist, Sustainability Business at Schneider Electric for an insightful and interactive sharing session on what you need to know about Scope 3 supply chain carbon emissions. After the sharing session, they facilitated an interactive workshop with our participants to brainstorm on the key challenges faced along companies’ decarbonisation journey & possible solutions.

Key Takeaways :

  • Key challenges in Scope 3 decarbonisation include complex supply chains; data collection and management; reluctance from upstream stakeholders; weak strategy internally & externally.
  • Applying “2C1S” is one approach to ease the challenges that companies are facing today. The 2C1S is a persuasion approach; carrots are rewards and stick is the punishment. Incentives encourage and reward positive behavior while penalties tend to stop undesired behavior.
  • An organization’s journey to decarbonization begins with a commitment to reducing its carbon footprint, but it’s the willingness to collaborate with its suppliers and work together that will ultimately lead to its success. By taking small steps and encouraging their suppliers to do the same, they will be able to achieve their sustainability goals and become a more successful business as a result.

For more information about Sustainability and Responsibility Club, please contact Emily Jiang ejiang(@)fccsingapore.com.


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