Logitech International has launched a global decarbonization program to help suppliers cut carbon emissions and optimize factory operations, according to a press release.
The initiative expands the computer peripherals manufacturer's strategy of helping suppliers build carbon-cutting roadmaps to advance its target to halve its Scope 3 greenhouse gas emissions by 2030, per the Oct. 23 release. Scope 3 refers to emissions across a supply chain and product life cycle that a company does not directly control.
Logitech's latest emission-reduction initiative, called Chain Reaction, will start by supporting 17 suppliers in aggregating purchasing power and collectively buying renewable electricity, the release says.
Assistance will also be provided for factory evaluations to identify potential energy, thermal and mechanical efficiencies to help suppliers define reduction targets and roadmaps.
Logitech will also help the suppliers streamline carbon accounting and reduce administrative overhead through technical workshops and co-developed reporting tools, according to the release. Suppliers' decarbonization efforts will be included in their regular business reviews.
"By integrating carbon transparency and decarbonization progress into our commercial metrics, we are enabling more value for our suppliers to grow with Logitech," Sree Chenincherry, Logitech's chief supply chain operations officer, said in the release.
Operationally, the new program will help suppliers unlock structural cost savings through the added efficiencies that come with decarbonization, Chenincherry said.
Chain Reaction builds on Logitech's progress in reducing Scope 3 emissions. For the fiscal year ending March 31, the company reduced greenhouse gas emissions from suppliers and product use and disposal by 33% from its 2021 baseline, according to a July press release.
