For many businesses, value chain (scope 3) emissions account for more than 70 percent of their carbon footprint. Measuring and managing these emissions can motivate a company to do business with greener suppliers, improve the energy efficiency of its products, and rethink its distribution network -- measures that significantly reduce the overall impact on the climate.

On October 6, 2018, the International Panel on Climate Change (IPCC) released a special report in support of a global response to keep global warming to less than 1.5ºC above pre-industrial levels.