The Reduction Network
Problem addressed
The largest share of a company’s carbon emissions (typically 80-90%) are Scope 3 emissions. These emissions are difficult to control and can be a challenge for organisations working to hit their Net-Zero targets.
Overview of start-up
The Reduction Network works to help suppliers and customers invest in their supply chains collectively. These collective value chain investments can help customers hit decarbonisation targets while encouraging suppliers to stay competitive while improving their efficiencies. They work with suppliers and customers by making value chain investments to ensure long-lasting relationships.
What makes the start-up innovative?
The Reduction Network is able to facilitate capital purchases between multiple customers to a single supplier to help reduce collective emissions. There are a few instances of this happening across large organisations, and The Reduction Networks is keen on seeing this happen at scale and making it repeatable.
How the start-up has been designed to scale-up quickly
Their methodology can also be easily transferred across a business once it is understood as a potential tool in the toolbox for emissions reductions.