Business sustainability ratings and solutions provider EcoVadis and climate solutions provider Watershed announced today a new strategic partnership aimed at enabling companies to access accurate Scope 3 data to assess emissions across their supply chains.
According to the companies, the new collaboration will allow enterprises to tackle the “Scope 3 data gap,” by replacing broad averages with actual supplier emissions data, allowing procurement teams to make lower-carbon sourcing decisions and track supply chain emissions reduction over time.
The partnership will integrate EcoVadis’ primary carbon metrics directly into Watershed’s platform, bringing together EcoVadis’ direct supplier data and Watershed’s AI-powered carbon accounting tools, according to the companies.
David Ban, Head of Data Partnerships at Watershed, said:
“We’re thrilled to see our customers adopting sophisticated scope 3 measurement tools. Our partnership with EcoVadis exemplifies our belief that actionable, accurate and accessible supplier-specific data is at the core of driving real decarbonization.”
The new partnership follows the recent launch by EcoVadis of its new Product Carbon Footprint (PCF) Calculator, aimed at enabling companies to give suppliers across the value chain with a tool to easily calculate their carbon footprint, allowing for tracking of emissions tied directly to materials, energy consumption, and transportation for products.
Dexter Galvin, SVP Climate at EcoVadis, said:
“Unlocking the next generation of Scope 3 emissions reduction requires a level of carbon data reliability that has historically been missing from the market. By acting as the primary data engine for the industry, EcoVadis provides organizations with the high-quality, supplier-specific data they can trust to move beyond estimates. These new partnerships are a pivotal step in driving meaningful, measurable action and building true climate resilience across the global supply chain.”
