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Fighting deforestation should be a top priority for 2021, and here’s how it can be. Mon, 01/11/2021 - 02:00. As 2021 begins, more companies are seeing their strategies for addressing deforestation deep down into their supplychains scrutinized. . "We Heather Clancy. Palm oil plantation at the edge of a rainforest.
With one of the largest supplychains in the IT industry, reducing upstream emissions benefits the value chain and the planet. In 2021, HP announced a range of ambitious climate action targets , including a commitment to be net zero by 2040 — a full decade ahead of the Paris Agreement. billion in fiscal year 2021.
DESCRIPTION: STOCKHOLM, March 7, 2022, /3BL Media/ - The hygiene and health company Essity has been recognized as Supplier Engagement Leader by the global non-profit environmental organization CDP. Net sales in 2021 amounted to approximately SEK 122bn (EUR 12bn). Essity is aiming to reduce its Scope 3 emissions by 18% by 2030.
More than 4,500 suppliers globally are engaged in Project Gigaton™ and as of 2021, those suppliers report having reduced or avoided a cumulative 574 million metric tons of carbon emissions since 2017 by adopting various sustainability strategies. . In 2021, the group's revenue was DKK 77.7 billion (EUR 10.4
Dow has been recognized as a Global Supplier Engagement Leader by CDP, a global nonprofit that runs the global disclosure system for investors, companies, cities, states, and regions to manage their environmental impacts. Several thousand companies disclosed their data to CDP, with the top 8% being named Supplier Engagement Leaders.
DESCRIPTION: Decarbonising renewable energy supplychains is a challenge no company can solve by itself. We caught up with Van Oord, one of our strategic suppliers, to get their perspectives on supplychain decarbonisation. In 2021, the group's revenue was DKK 77.7 Read more at: [link]. billion (EUR 10.4
DESCRIPTION: February 15, 2022 /3BL Media/ - AMD has again been recognized by CDP as a Supplier Engagement Leader for its actions to reduce emissions and manage climate risks in its global supplychain. Many congratulations to the 500+ companies earning a place on CDP's2021 Supplier Engagement Leaderboard.
Thu, 07/08/2021 - 02:11. This increasing demand in the midst of plummeting supply spells trouble for businesses. In 2018, CDP analyzed a group of 296 companies that had consistently responded to its requests for water data. Given the amount of water companies and their supplychains require, the costs of inaction are high.
Many people are surprised to learn that some IT suppliers use large amounts of water in their supplychains. During fiscal 2021, we worked to advance water stewardship within key river basins where our supplychain operates. That’s where Cisco’s SupplyChain Sustainability team comes in.
Data scientists are utilizing large data sets, implementing use cases such as transforming supplychain models, responding to increased levels of fraud, predicting customer churn, and developing new product lines, to mention a few key use cases. Cisco Data Intelligence Platform Diagram. CDIP in action.
Climate research provider and environmental disclosure platform CDP announced today the release of its company scores for 2022, including its annual “A List” of top performers. Companies achieving the top score in Water Security declined to 103 from 118 in 2021. Click here to access CDP’s annual “A List.”
Tue, 05/18/2021 - 01:00. In September, five of the leading reporting groups (CDP, CDSB, GRI, IIRC and SASB) issued a statement of intent to work together to create a comprehensive global corporate reporting system and a mere two months later, IIRC and SASB announced an intent to merge to become the Value Reporting Foundation. .
Tue, 03/02/2021 - 02:00. To their credit, the sponsors of several prominent initiatives to promote climate-related disclosure (such as CDP) expressly request information on organizational risks and plans to address them. Thus, adaptation of the supplychain to increase resilience represents an important ESG consideration.
Yum China’s 2021 Sustainability Report highlights the Company’s commitment to sustainability and provides an overview of progress made in 2021 towards its sustainability goals. In 2021, the program developed a Charity E-Shop to engage millions of Yum China’s customers and popularize the concept of "Everyone does good.".
Many people are surprised to learn that some IT suppliers use large amounts of water in their supplychains. During fiscal 2021, we worked to advance water stewardship within key river basins where our supplychain operates. That’s where Cisco’s SupplyChain Sustainability team comes in.
The 2021 Sustainability Report follows the GRI Sustainability Reporting Standards, adopts the Sustainability Accounting Standard Board index, and adheres to the Task Force on Climate-related Financial Disclosures framework. Acer set multiple goals and commitments in 2021. Acer Sustainability Report 2021.
DESCRIPTION: LAUSANNE, Switzerland, December 20, 2022 /3BL Media/ - Tetra Pak has been recognised for leadership in corporate transparency and performance on climate change and forests by global environmental non-profit CDP , securing a place on its prestigious ‘A List’ for the fourth year running. C without nature.
This month, CDP, a global organization that runs a leading sustainability disclosure system, released its rankings, and Yum!’s s CDP scores , including its Forest assessment, achieved scores of a B or higher. continues to be recognized by CDP and others for the continuous improvements in our sustainability agenda,” said Yum!
in corporate sustainability by global environmental non-profit CDP, securing a place on its prestigious ‘A List’ for tackling water security. . Lenovo participates in CDP’s water security, climate change, and supplier engagement surveys. This is the fifth time Lenovo has disclosed its water stewardship to CDP. SOURCE: Lenovo.
Mon, 05/10/2021 - 01:30. Associate, Corporate Engagement at CDP. The current green bonds used to offset GHG emissions can be expanded to identify a roadmap that supports individuals within a corporation’s community or supplychain. 11 young professionals on the future of sustainable finance. Deonna Anderson. Betty Cheong.
Report carbon performance data to an outside organization, such as CDP or Sustainalytics. CDP, for example, uses a standard questionnaire for all companies. Research on CDP Shows Flaws?—?but In 2021, more than 13,000 companies completed CDP’s annual questionnaire. For example, in March 2022, the U.S.
The expansion follows the launch of the rankings in 2021, and make up part of the company’s ESG Intelligence solutions, designed to enable companies to assess and track business partners’ sustainability performance and activities.
As climate becomes everyone’s responsibility, companies with significant Scope 3 emissions from soft commodities in their supplychains must account for and mitigate these climate impacts. Leading companies have been working for years to mitigate deforestation risk in their supplychains. How to Prepare.
On November 4, 2021, EcoVadis staged its B2B Sustainability Forum for the Americas, an annual event in which sustainability and procurement professionals exchange best practices to build sustainable value chains. SOURCE: EcoVadis. DESCRIPTION: By SEAN DONNELLY. Noting how Xylem, Inc.
In November 2021, we were proud to publicly announce our goal to achieve net-zero global emissions across our value chain by 2040, joining more than 2,000 businesses around the world committed to the Science Based Targets initiative (SBTi). Why did Qualcomm decide to commit to net-zero?
While most companies have implemented carbon footprint reduction programs in their factories, buildings and fleets, not many have yet mastered how to tackle the emissions of their supplychains. According to CDP2021supplychain report , upstream emissions are 11.4 Reason 2: reduce risks.
First among peers with a grade of A-minus for climate change from the Carbon Disclosure Project (CDP) , an international environmental ratings non-profit. Our environmental score of 70 is still a leader among our industry peers, and our governance and economics score of 73 reflects a direct improvement within our supplychain operations.
At the COP26 climate conference in Glasgow in 2021, 145 countries – representing 90% of the worlds forests – signed a deforestation pledge, committing to halt and reverse global deforestation by 2030. Last year, disclosure platform CDP found that less than 10% of 1,043 companies had publicly committed to end deforestation by 2025.
In June 2021, the GRI announced that it had received funding for the development of the updated standard from a series of companies and organizations including professional services firm KPMG, environmental services company Ambipar and philanthropic organization One Earth, along with a private individual donation.
Mon, 02/01/2021 - 02:00. In mid-January, PepsiCo joined that club with a strategy to reduce its greenhouse gas emissions by 40 percent across its entire value chain by 2030 and to reach the elusive net-zero emissions status 10 years before it’s called for by the Paris Agreement. Heather Clancy. We just issued our first [TCFD] report.
One of the key points frequently discussed was the urgent need for the AWS Standard to interconnect or overlap with other disclosure frameworks, both voluntary (CDP, TNFD) and mandatory (CSRD), or risk being overlooked by businesses. This new version aims to streamline and simplify the standard.
Non-profit CDP has increased transparency over plastics impact by enabling companies to disclose data on the production, use and disposal of plastic through its global environmental disclosure platform, but some say its focus on water security fails to tackle the issue from all angles.
I’m proud that the team has been able to issue commercial operation to all three Haystack Wind offtakers on time despite industry-wide supplychain delays,” says Neil O’Donovan, CEO of Ørsted Onshore. In 2021, the group's revenue was DKK 77.7 Headquartered in Denmark, Ørsted employs 6,836 people. billion (EUR 10.4
July 21, 2022 /3BL Media/ - DuPont (NYSE: DD) today announced it has committed to setting science-based targets to reduce greenhouse gas (GHG) emissions in line with the Science Based Targets initiative (SBTi), a partnership between CDP, the UN Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).
Most companies globally are still failing to account for water-related risks in their business operations and supplychains, industry experts warned during Rathbones Greenbank’s 27th Investor Day. “Last year, we saw the first year of 1.5°C The report did, however, note some improvements.
Acer extends CDPSupplyChain [1] to three tiers of suppliers. Since 2008, the company has introduced the CDPSupplyChain for carbon disclosure reporting to pinpoint risks and identify opportunities across its supplychain, and extended coverage to three tiers of suppliers beginning this year.
Read more in Ørsted’s Sustainability report 2021. Getting there holds the potential to positively impact the lives of millions of people across supplychains and local communities, as well as the employees working to make it happen.”. In 2021, the group's revenue was DKK 77.7 degree pathway. “The billion (EUR 10.4
It also means protecting, managing and restoring nature, coupled with major investments from businesses to reverse nature loss, beyond their value chains. Deforestation must be removed from supplychains by 2025. It will impact supplychains, product availability, food production and economic growth. .
See our TCFD index for references to our CDP response and portions of this report on how we address the eleven recommendations of TCFD. The identification of emerging climate risks is informed by external scans of megatrends, consultancy and industry reports, peer CDP disclosures, TCFD reports, annual reports and 10-Ks. C campaign.
Semiconductor producers’ growing demand for water could outstrip reliable supply, explains Erica de Souza, APAC Regional Manager, Water Security at CDP. Their eagerness to domesticate the semiconductor industry is no surprise when you consider how vulnerable its supplychain is.
While all sectors have good reason to start mitigating their impact on nature, today’s investors are most concerned about those with large, global supplychains. Regardless of your sector, investors will at a minimum want to know if you’ve screened your operations and supplychain for biodiversity loss, and what risks you’ve found.
DuPont is a member of RE100, a global environmental initiative led by the Climate Group in partnership with CDP, which brings together companies committed to shifting the electricity used globally in its operations to renewable energy.
Risk Management – Yum China has conducted risk screening, and disclosed how climate-related risks are effectively addressed within its existing risk management measures in four aspects: restaurants, supplychain, logistics, and product and services. Learn more about Yum China’s TCFD report here. Forward-Looking Statements.
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