C-suite knowledge gaps threaten progress to net zero

Research conducted by Vendigital with 152 C-Suite executives found that 74 per cent would like to know more about their carbon footprint, indicating that their current knowledge is incomplete.

Dominic Tribe, director at management consultancy, Vendigital, said: “While many manufacturers understand the importance of reducing carbon emissions in areas such as transportation and logistics, relatively few have a handle on their operating emissions and even more so the cumulative carbon footprint of their bought in parts and raw materials from their supply chain.

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“Without access to reliable emissions data, businesses are unable to accurately monitor and improve their environmental performance, which could impact their competitiveness in the future.”

The research showed that despite the gap in knowledge about carbon emissions, business leaders do understand the case for decarbonisation. The top four reasons given for wanting to know more about their company’s carbon footprint were to do the right thing; strengthen customer and investor relationships; enhance enterprise value and become more attractive as an employer.