02/09/2021 | News release | Distributed by Public on 02/09/2021 06:46
The CDP Supplier Engagement Rating (SER) provides a rating for how effectively companies are engaging their suppliers on climate change. The companies with the best SER are celebrated as Supplier Engagement Leaders - which this year is the top 7% of companies who disclosed to the full CDP climate questionnaire.
'Companies' emissions don't end at the factory door. In fact, CDP data shows a company's supply chain emissions are over 11.4 times greater than its direct emissions on average. Meaningful corporate climate action means engaging with suppliers to reduce emissions across the value chain. Despite the challenges from COVID-19, in 2020 nearly 400 companies achieved a place on CDP's Supplier Engagement Leaderboard. Congratulations to these companies - as Supplier Engagement Leaders, they are driving the transition towards the net-zero sustainable economy,' says Sonya Bhonsle, Global Head of Value Chains, CDP.
'To achieve the ambitious climate goals of our company, we drive change in our extensive supply chain. We encourage our suppliers to set their own climate targets, use supplier CO2 emission levels and trends as part of sourcing decisions, and work towards lower CO2 emissions from our logistics. We further strengthened this ambition in 2020 by adding greenhouse gas requirements to our updated Supplier Code of Conduct ,' says Johanna Hagelberg, EVP Sourcing and Logistics at Stora Enso.