Asian businesses must begin tracking their suppliers' carbon emissions.

Working around the clock to reduce emissions at a firm and strictly use only renewable energy sources are chief executives, boards, managers, and employees. But in the end, the factory is just a link in a network of suppliers, some of whom might also contribute to atmospheric carbon dioxide emissions.

This can have a huge effect in the Asia-Pacific region. The region is a vital front in the fight against climate change since it is home to two of the top three carbon dioxide emitters on the planet and produces the biggest percentage of global emissions thanks to the presence of companies that manufacture a large portion of the needs of the global population.

For the first time, businesses operating in the Asia-Pacific area have the chance to provide a robust, comparable, and verifiable sustainability story to the world's capital markets. Because the new climate-related disclosure guidelines specifically address supply chain emissions as well as downstream emissions from the transport, distribution, and use of a factory's output, this change to sustainability reporting standards represents one of the biggest shifts in financial reporting in more than a century. As a group, these are referred to as "scope 3 emissions."