Global supply chains go green

A non-profit environmental group has awarded 58 companies a place on its leaderboard of businesses successfully engaging with suppliers to drive down emissions. The number of firms recognised for their […]

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By Jonny Bairstow

A non-profit environmental group has awarded 58 companies a place on its leaderboard of businesses successfully engaging with suppliers to drive down emissions.

The number of firms recognised for their efforts on CDP’s second annual Supplier Engagement leader board doubled since last year.

These businesses, which include Bank of America, BT, Nestlé, Panasonic, Rolls Royce and Unilever, have slashed the carbon footprint of their supply chains while also lowering other environmental risks.

The CDP also praises a 15% rise in suppliers disclosing water data to their customers and an increase in the number of businesses tackling deforestation.

The Kellogg Company was recognised for introducing a 21-country-wide programme to support around 294,000 farmers to become more sustainable and build resilience to the impacts of climate change.

Sky hit the leaderboard as a result of pioneering a circular economy model for its products, using sustainable design to create a closed loop system with zero waste to landfill.

The report suggests awareness of climate change-related risks and opportunities is increasing down the supply chain.

More than three-quarters of suppliers responding to CDP identified inherent climate change risks to their business and more than half reported they have integrated climate change into their business strategy.

The CDP said there is huge potential for positive impact – reductions equivalent to 551 million metric tonnes of carbon dioxide were reported by suppliers worldwide in 2017.