Did you know that climate change is one of the biggest threats to health facing humanity? Every year it takes the lives of over 13 million people. It impacts human health in aspects like respiratory diseases, water-borne diseases, etc. Moreover, it also leads to consequences for agriculture, biodiversity, the economy, and more. One of the major contributors to the climate change is Scope 3 emissions. So, it justifies the need to focus on Net-Zero goals. But how do you achieve those goals and reduce the emissions? The solution is through practical solutions, sustainable techniques, and collaboration. This is where the 2nd Scope 3 Emission Reduction Summit focuses upon. Furthermore, to make the event more insightful, ClimEase has joined as the bronze sponsor.

In this article, we will go deep into ClimEase and the 2nd Scope 3 Emission Reduction Summit. It will give a dive into how the event can be valuable for you to attend. So, let’s get started.

About ClimEase

ClimEase is an organization that has emerged to help businesses navigate and follow the EU’s Carbon Border Adjustment Mechanism. This strategy imposes border taxes and reporting requirements to lower carbon emissions from imported goods. The company has assembled experts across environmental policy, global carbon pricing, customs procedures, life cycle analysis, and software engineering. This is to deeply understand the CBAM’s technical, legal, and financial implications.

Since the CBAM’s proposal in 2021, ClimEase’s multidisciplinary team has closely monitored its evolution. This is through discussions with EU policymakers and affected companies. As a result, this has allowed them to enhance their grasp of the policy’s wide-ranging impacts. However, the company’s ambitions extend far beyond just facilitating CBAM compliance.

The company envisions establishing itself as the global software backbone enabling effortless carbon border tax operations. So, this would remove a major barrier to decarbonizing heavy industries worldwide. Moreover, ClimEase plans to expand its software offerings while integrating with clients’ existing IT systems. This is to provide comprehensive solutions.

A key initiative in the company is creating the world’s first Green Supplier Database. By leveraging CBAM’s mandatory nature, they aim to invite international manufacturers to join. It will give green producers visibility while allowing importers to easily find and swap to greener suppliers. Additionally, the organization is developing tools to translate carbon footprints into long-term carbon tax exposures for supplier contracts. As a result, this promotes financial transparency and actively drives decarbonization in emission-intensive sectors.

ClimEase As The Bronze Sponsor: 2nd Scope 3 Emission Reduction Summit

ClimEase will be a bronze sponsor at the upcoming 2nd Scope 3 Emission Reduction Summit. As part of their sponsorship, Nicolas Endress, CEO and Founder of ClimEase will be leading a session. It will be on  “How Your Purchase Team Will Save the Climate.”

The session promises to provide valuable insights into the crucial role purchasing departments can play in driving climate action. He is expected to begin by presenting an overview of climate science and the pressing need for a global carbon tax. This is to incentivize emissions reductions across industries.

The session will highlight ClimEase’s perspective on why the EU’s Carbon Border Adjustment Mechanism (CBAM) represents a pivotal policy in completing the “green policy puzzle” aimed at mitigating climate change. Moreover, he will introduce ClimEase and the company’s vision along with a demonstration of how procurement teams can leverage their purchasing power. This is to drive sustainable change in supply chains.

2nd Scope 3 Emission Reduction Summit: What Value Does it Hold?

The 2nd Scope 3 Emission Reduction Summit is an event that takes place in Berlin, Germany on April 18-19, 2024. It not only has theoretical discussions but displays real-world case studies as well. It illustrates successful supply chain transformations toward lower emissions. Moreover, attendees will gain valuable insights from organizations that have implemented robust carbon accounting and reporting systems. This is to measure and disclose their environmental impacts transparently.

A key highlight is the extensive networking opportunities available. it enables participants to connect with industry peers, experts, and solution providers. These interactions foster the exchange of best practices, lessons learned, and cutting-edge approaches to tackle the complex challenge of reducing scope 3 emissions effectively. Furthermore, the event covers essential topics from companies such as ClimEase, Heineken, Merck, Volvo Trucks, and Holcim, on:

• Sustainability Strategy Development, Risk Management, and Compliance with Evolving Regulations, 
• Incorporating IoT Technology and Artificial Intelligence into End Products to Reduce Scope 3 Emissions 
• Advanced Procurement Strategies to Incentivize Scope 3 Emissions 
• Engaging with Suppliers to Reduce Upstream Scope 3 Emissions and much more.

So, attendees can expect a holistic examination of strategies. It will span the entire value chain to achieve substantial, quantifiable scope 3 emission reductions. So, what are you waiting for? Register for the 2nd Scope 3 Emission Reduction Summit now!