WEBVTT 1 00:00:00.180 --> 00:00:03.680 (bright orchestral music) 2 00:00:04.613 --> 00:00:07.200 CDP's recent supply chain study 3 00:00:07.200 --> 00:00:10.210 confirmed that while CDP supply chain members 4 00:00:10.210 --> 00:00:13.050 are trailblazing a path towards critical 5 00:00:13.050 --> 00:00:15.440 net-zero reduction goals, 6 00:00:15.440 --> 00:00:18.780 this ambition is not yet being cascaded 7 00:00:18.780 --> 00:00:20.133 down the supply chain. 8 00:00:21.380 --> 00:00:25.450 Only 38% of disclosing companies are engaging 9 00:00:25.450 --> 00:00:28.123 with their suppliers on climate change. 10 00:00:29.100 --> 00:00:32.410 Buyers want to understand Scope 3 impacts 11 00:00:32.410 --> 00:00:33.870 at a product-level, 12 00:00:33.870 --> 00:00:36.050 yet only 2% of suppliers 13 00:00:36.050 --> 00:00:39.970 reported any product-level life cycle footprints 14 00:00:39.970 --> 00:00:43.250 to CDP in 2021. 15 00:00:43.250 --> 00:00:45.900 This highlights a key challenge top of mind 16 00:00:45.900 --> 00:00:47.970 for so many business leaders. 17 00:00:47.970 --> 00:00:52.390 How can we actually decarbonize supply chains? 18 00:00:52.390 --> 00:00:57.200 Today, we are excited to announce a new partnership with CDP 19 00:00:57.200 --> 00:00:59.700 that addresses this critical issue. 20 00:00:59.700 --> 00:01:03.770 We will combine CDP sustainability expertise and data 21 00:01:03.770 --> 00:01:07.440 with BCG's technology and climate expertise 22 00:01:07.440 --> 00:01:09.343 and CO2 AI solution. 23 00:01:10.190 --> 00:01:15.120 This will truly enable product-level emissions data sharing. 24 00:01:15.120 --> 00:01:19.020 Together, we are developing a new AI-enabled platform 25 00:01:19.020 --> 00:01:21.920 that will allow all members of a company's ecosystem 26 00:01:21.920 --> 00:01:24.250 to exchange product-level data 27 00:01:24.250 --> 00:01:25.960 and empower organizations 28 00:01:25.960 --> 00:01:28.960 to compute their own carbon footprint. 29 00:01:28.960 --> 00:01:31.300 The tool ensures transparency at scale 30 00:01:31.300 --> 00:01:34.470 with secure and accurate data exchange 31 00:01:34.470 --> 00:01:36.270 of external emissions that occur 32 00:01:36.270 --> 00:01:38.460 in the company's supply chain. 33 00:01:38.460 --> 00:01:40.440 It provides a one-stop shop 34 00:01:40.440 --> 00:01:44.260 for organizations, suppliers, and customers 35 00:01:44.260 --> 00:01:47.300 to seamlessly share their sustainability data, 36 00:01:47.300 --> 00:01:51.353 facilitating net-zero journeys for entire ecosystems. 37 00:01:52.840 --> 00:01:56.890 Join us as we unlock the decarbonization potential 38 00:01:56.890 --> 00:01:58.539 of supply chains. 39 00:01:58.539 --> 00:02:02.872 (bright orchestral music continues)