Jan 29, 2018
Blue chips act to cut supply chain greenhouse gas emissions
The number of large companies taking serious action to tackle greenhouse gas emissions in their supply chains has doubled, according to research by an environmental charity. With greenhouse gas emissions in supply chains on average four times those of a company's direct operations, there is increasing focus on the vast networks of businesses that provide blue-chip companies with raw materials, parts and services. "A lot of the major corporations have realised those low-hanging fruits of energy efficiencies in their own operations," said Dexter Galvin, global director of corporates and supply chain at CDP. "There's a worrying and persistent gap between the performance of major corporates and their supply base." Inclusion on CDP's list of "Supplier engagement" leaders was assessed on factors such as whether a company can account for emissions associated with its supply chain; if targets are in place to reduce those emissions; and whether procurement staff have incentives to meet such targets. There's a worrying and persistent gap between the performance of major corporates and their supply base.
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