Accelerating Value Chain Decarbonization for Corporate Growth Perspectives from Asia 2025

0 500 1,000 1,500 2,000 2,500 3,000 3,500 4,000Greater China Japan South Korea India Singapore Malaysia Thailand Indonesia Viet Nam Philippines Cambodia Climate change Water ForestNumber of disclosing companies by topic in selected Asian countries in 2024 FIGURE 3 Source: World Economic Forum analysis, based on 2024 CDP data. Across industries, acting on Scope 3 emissions along corporate value chains, often accounting for roughly 65–95% of total corporate emissions, is the most challenging area that could encompass substantial untapped opportunities for growth. For Asia, which is traditionally positioned in the upstream and midstream of global value chains, the quality of Scope 3 accounting and the pathway for reductions directly determine market access, cost structure and financing capacity.CDP data indicates that disclosure participation continues to be highly uneven, solidifying a multi-tier regional landscape. Greater China and Japan have a significant lead, supported by a cohort of thousands of firms capable of comprehensive disclosure. In contrast, South- East Asian nations, with disclosure cohorts that are far smaller, with the steepest drop observed from Scope 1 to Scope 3, continue to require strengthened policy support and capacity building to bridge the gap. Measuring the emissions embedded in the upstream supply chain remains the foundational and most widely adopted step in the corporate carbon accounting journey. Accelerating Value Chain Decarbonization for Corporate Growth: Perspectives from Asia 8