News - 10 March 2010
Multinationals get serious about green supply chain strategies
A report by A.T. Kearney and the Carbon Disclosure Project (CDP) says that carbon management schemes are becoming a key part of corporate supply chain strategy for major global companies.
According to the new report, all 44 global company members of the CDP including Dell, Vodafone Group, Unilever, Sony Corporation, PepsiCo and Reckitt Benckiser, are requesting their suppliers to disclose data via the CDP Supply Chain programme. The CDP Supply Chain programme is designed to promote information sharing and innovation between CDP Supply Chain members, companies that have begun to integrate carbon management strategy into their supply chains, and the companies which provide goods and services to them. The A.T. Kearney and CDP report shows while there has been significant improvement in best practice since 2009, suppliers still have a long way to go in order to meet the ever-expanding sustainability requirements of these global companies. Major report findings include: - • Sustainability and environmental business practices is a growing concern for companies, who are now looking for suppliers to demonstrate greenhouse gas emissions management, awareness and action.
- • Over half of participating companies (56%) expect to drop some suppliers in the future for failing to meet carbon management criteria.
- • 89% of company respondents have “an established strategy” for working with supplier on carbon-related topics.
- • 91% have high-ranking executives dedicated to climate change-related issues within their respective companies.
The report synthesises key findings which have been extracted from the 2009 CDP Supply Chain Information Request responses. Source: BIFA
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