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For sustainability and ESG leaders, collecting accurate supplier data is one of the biggest challenges in measuring and reducing Scope 3 emissions. Manual spreadsheets, endless email chains, and inconsistent data formats can make this process incredibly time-consuming and prone to errors. Watch how Planet FWD's platform automates this entire process in our quick demo video below
Why Supplier Data Collection Matters
According to CDP, supply chain emissions are on average 11.4 times higher than operational emissions. This means your Scope 3 emissions likely represent your biggest opportunity for impact – but only if you can measure them accurately. Traditional methods of supplier data collection through spreadsheets and emails not only consume valuable time but can also lead to:
- Incomplete or inconsistent data
- Delays in reporting
- Missed reduction opportunities
- Difficulty tracking supplier progress
- Challenges meeting regulatory requirements
Transforming Supplier Engagement with Planet FWD
As shown in the demo, our platform streamlines the entire supplier data collection process:
1. Complete Emissions Visibility
Start with a comprehensive view of your Scope 1, 2, and 3 emissions in our corporate inventory dashboard. This gives you the baseline you need to identify priority areas for supplier engagement.
2. Seamless Supplier Collaboration
The Partners tab makes it simple to invite suppliers directly into the platform. No more chasing emails or reconciling spreadsheets. Suppliers can easily input their data in standardized forms, ensuring consistency and accuracy.
3. Automatic Data Integration
Once suppliers share their data, our platform incorporates them into your corporate inventory. This eliminates manual data entry and reduces the risk of errors.
4. Quantifiable Results
The real power comes in measuring impact. As shown in the demo, you can see how more accurate supplier data affects your Scope 3.1 emissions. One food service provider was able to capture significant reductions by working with dairy suppliers who implemented sustainable feed and manure management practices.
Beyond Data Collection
While efficient data collection is crucial, it's just the beginning. Planet FWD helps you:
- Identify highest-impact suppliers for engagement
- Track supplier progress over time
- Generate regulatory-ready reports
- Demonstrate measurable emissions reductions
- Build stronger supplier relationships
The Path Forward
As sustainability regulations continue to evolve and stakeholder expectations increase, having accurate supplier data isn't just nice to have – it's becoming a business imperative. Whether you're responding to customer demands, preparing for regulations like CSRD, or working toward science-based targets, automated supplier data collection is essential for success.
Ready to Transform Your Supplier Engagement?
See how Planet FWD can help you streamline your supplier data collection and accelerate your emissions reduction efforts.
Book Your Personalized Demo Today
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