At NetNada, we empower organizations to achieve their sustainability goals with accurate carbon accounting and strategic insights. Our partnership with Precision Group, a leader in logistics and supply chain services, highlights how actionable data can drive meaningful environmental progress. Precision Group’s FY24 Carbon Emissions Summary Report reflects their commitment to reducing their carbon footprint and advancing sustainability across their operations and supply chain.
The Challenge
Precision Group operates a vast logistics and supply chain network, managing activities that are inherently resource-intensive. In FY24, the company faced the challenge of accurately measuring its emissions across a growing network of 1,061 suppliers and diverse operational processes. Identifying the largest contributors to their carbon footprint was crucial to implementing effective emissions reduction strategies.
Their goal was clear: develop a holistic understanding of emissions across Scope 1, Scope 2, and Scope 3 categories while fostering sustainable practices throughout their supply chain. Precision Group needed reliable data and a structured framework to align with industry standards and drive progress toward long-term environmental goals.
NetNada’s Strategic Approach
To support Precision Group’s sustainability efforts, NetNada delivered a tailored strategy that emphasized accurate emissions reporting, structured frameworks, and collaborative supply chain engagement.
- Comprehensive Emissions Reporting
Precision Group’s FY24 Carbon Emissions Summary Report provided a detailed breakdown of emissions across:some text- Scope 1 (Direct Emissions): Fuel consumption within owned operations.
- Scope 2 (Indirect Emissions): Electricity used in energy-intensive logistics activities.
- Scope 3 (Other Indirect Emissions): Supply chain-related emissions, including postage, courier, freight, professional services, and office equipment.
- The report identified postage, courier, and freight services as the largest contributors to Precision Group’s carbon footprint, followed by professional services and office supplies. With electricity use also highlighted as a notable factor, the analysis pinpointed areas where Precision Group could focus its reduction efforts.
- Structured Framework with the GHG Protocol
NetNada supported Precision Group in establishing clear organizational and operational boundaries using the Greenhouse Gas (GHG) Protocol. This framework categorized emissions into manageable segments, allowing the company to track progress precisely across Scopes 1, 2, and 3. By aligning with the GHG Protocol, Precision Group ensured their emissions reporting met industry standards and provided a foundation for actionable improvements. - Supply Chain Collaboration
Recognizing the critical role of suppliers in their carbon footprint, Precision Group engaged with key suppliers in high-emission categories to promote sustainable practices. By fostering a collaborative approach, Precision Group created shared opportunities for emissions reduction across their supply chain, amplifying their impact.
Results and Benefits
Through NetNada’s partnership, Precision Group achieved significant progress in understanding and managing their environmental impact:
- Enhanced Transparency and Accountability:
The FY24 report provided a comprehensive view of Precision Group’s emissions, ensuring transparency and supporting informed decision-making. - Actionable Insights for Reduction:
By identifying key contributors such as freight services and electricity use, Precision Group can prioritize high-impact areas for emissions reduction, ensuring resources are directed effectively. - Supply Chain Sustainability:
Engaging with suppliers reinforced Precision Group’s commitment to shared environmental responsibility, fostering innovation and collaboration throughout their value chain.
Conclusion
Precision Group’s FY24 Carbon Emissions Summary Report reflects their dedication to measurable environmental progress. With NetNada’s support, they have developed a holistic understanding of their carbon footprint, setting a strong foundation for targeted emissions reductions and sustainable supply chain practices.
At NetNada, we are proud to partner with Precision Group as they lead by example in the logistics industry. Together, we are advancing the sector toward a greener, more sustainable future.
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