Climate & Environment
Value Chain
The full sequence of activities that create and deliver value — the analytical unit for footprints, due diligence and accountability.
Definition
The value chain is the full range of activities required to bring a product or service from conception through production and delivery to consumers and end-of-life — extending Porter's firm-level concept to the whole chain of actors upstream (suppliers, raw materials) and downstream (distributors, users, disposal). In sustainability it is the accounting and accountability unit: GHG Protocol scope 3 covers the value chain, due diligence laws cover the chain of activities, and footprint methods trace impacts along it.
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