**London**: EcoVadis has unveiled its Carbon Data Network at the Sustain 2025 conference, aiming to support companies in tracking and reducing Scope 3 emissions. The initiative responds to the urgent need for reliable data, as only 16% of major firms are on track for their Net Zero targets by 2050.
EcoVadis has launched its Carbon Data Network (CDN) at the Sustain 2025 conference, aiming to enhance the decarbonisation efforts of global supply chains. This initiative is particularly significant as only 16% of the world’s largest companies are currently on course to achieve their Net Zero goals by 2050, highlighting the urgent need for improved greenhouse gas (GHG) emissions reduction strategies.
The CDN promises businesses improved access to reliable carbon data from over 150,000 suppliers, facilitating better tracking and measurement of Scope 3 emissions. These emissions, which include those generated across a company’s supply chain, often present challenges due to inconsistent and imprecise data. With regulations like the Carbon Border Adjustment Mechanism imposing additional requirements for accurate emissions reporting, the need for robust data has never been clearer.
Powering the CDN is the EcoVadis Carbon Action Manager, a tool that assists companies in engaging with suppliers at varying levels of decarbonisation maturity. This resource aims to stimulate action and enhance emissions reductions across value chains through various tools, including Corrective Action Plans and a Carbon Estimator.
The company has also formed partnerships with carbon accounting providers Sweep and Normative, enhancing the ability to share data across supply chains effectively. Notably, EcoVadis has trialled systems with SNCF, allowing the transport giant to access carbon data from numerous suppliers seamlessly, thus alleviating the reporting burden.
Pierre-François Thaler, co-founder and co-CEO of EcoVadis, remarked, “The journey to Net Zero demands bold action, collaboration and trust in data. This is why we are innovating to increase data availability and reliability through automation and AI.” Julia Salant, general manager of carbon solutions at EcoVadis, echoed the significance of the partnerships, stating, “We’re helping businesses to move from industry averages to primary emissions data.”
With the introduction of the Carbon Data Network, EcoVadis seeks to empower companies by improving the quality and transparency of their data as they strive to meet their Scope 3 emissions reduction goals.
Source: Noah Wire Services
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