Paramount supplier requirements
What Paramount requires
Paramount's sustainability approach emphasizes environmental responsibility within its supply chain, particularly addressing Scope 3 emissions. Suppliers are expected to comply with all environmental laws and regulations and are encouraged to align with Paramount's sustainability values. Paramount is working to gather primary emissions data from suppliers to enhance Scope 3 emissions tracking, using the GHG Protocol and moving toward Science-Based Targets initiative (SBTi) goals. Sustainable sourcing and procurement policies guide supplier selection, with an emphasis on sourcing environmentally responsible products and services. In 2023, Paramount integrated ESG criteria into Requests for Proposals, requiring suppliers to disclose sustainability initiatives and emissions data.
For Paramount's full supplier expectations, view their ESG Report.
What happens if you don't meet it
Many vendors struggle with:
- Understanding how to comply with Paramount's supplier sustainability requirements
- Collecting accurate data for carbon emissions and ESG metrics
- Preparing supplier ESG reports that meet Paramount's standards
- Responding to procurement teams' questions quickly and confidently
How to prepare quickly
Our tools support vendors through data collection and reporting, helping Paramount's suppliers simplify climate disclosure compliance and respond confidently to procurement requests.