Value chain

The full range of activities, resources and relationships related to the undertaking’s business model and the external environment in which it operates. A value chain encompasses the activities, resources and relationships the undertaking uses and relies on to create its products or services from conception to delivery, consumption and end-of- life. Relevant activities, resources and relationships include: (i) those in the undertaking’s own operations, such as human resources; (ii) those along its supply, marketing and distribution channels, such as materials and service sourcing and product and service sale and delivery; and (iii) the financing, geographical, geopolitical and regulatory environments in which the undertaking operates. Value chain includes actors upstream and downstream from the undertaking. Actors upstream from the undertaking (e.g., suppliers) provide products or services that are used in the development of the undertaking’s products or services. Entities downstream from the undertaking (e.g., distributors, customers) receive products or services from the undertaking. ESRS use the term “value chain” in the singular, although it is recognised that undertakings may have multiple value chains.

Related keywords
Actor in the value chain
Supply chain
Business relationships
Business model

Stay informed

Get Coolset's latest updates on upcoming regulations, case studies and product features. Curated by our team of climate experts.