Sustainable Supply Chain The Road to Supply Chain Emissions Compliance: A Conversation with Cody Warren
In today's episode of the Digital Supply Chain podcast I had the pleasure of chatting with Cody Warren, the Co-Founder, SVP of Strategy of Parq, a software startup that's focused on providing value through software or services.
We started off discussing in detail the importance of supplier data, and then we dove into the world of ESG (Environmental, Social, and Governance) and specifically talked about the "E" in ESG - emissions. We discussed the three segments within ESG emissions: Scope one, two, and three.
Cody gave us a brief rundown of what each of these scopes entails, with a focus on Scope three emissions. Scope three emissions are essentially everything else in the emissions world, and they're a bit of a "hairy monster". But Cody and his team at Parq are working on building guardrails around this complex issue, to help companies identify, quantify, and report on their scope three emissions.
We also talked about the increasing regulatory pressure for companies to report on their scope three emissions, both in Europe and the US. The SEC has stated that large public companies will have to report on their scope three emissions starting next year, and for all companies the year after.
Cody shared with us their current discovery process, where they're talking with public companies to understand their plans around scope three emissions, and also educating small to medium-sized businesses on what this even means
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