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With one of the largest supplychains in the IT industry, reducing upstream emissions benefits the value chain and the planet. Scope 3 relates to activities not controlled by HP, such as “upstream” emissions from our supplychain and “downstream” emissions from customer use of our products. SOURCE: HP Inc.
The cohort’s success will directly support Walmart’s Project Gigaton™ goal, which aims to reduce or avoid one gigaton (or one billion metric tons) of greenhouse gas emissions from the global value chain by 2030. We applaud these companies for coming together to find common ground and develop solutions that will have industry-leading impact.
Cainiao is leveraging its technology to provide supplychain solutions and will help P&G upgrade its own fulfillment services, Shuai Yong, Vice President of Cainiao Group, noted in a statement. These measures are part of a promise made by Alibaba to reach carbon neutrality and halve carbon intensity in its supplychain by 2030.
As 2021 begins, more companies are seeing their strategies for addressing deforestation deep down into their supplychains scrutinized. . "We Both companies already have commitments to eliminate deforestation, but the investment firm would like to see them become even more aggressive with members of their soy supplychains.
Read the 2024 Wesco Sustainability Report here Products, Innovation and SupplyChain Designed for a Dynamic Market Our Products We offer a wide range of sustainable products from the world’s leading manufacturers and help our customers determine the best solution to meet their sustainability goals.
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. Read more at: [link]. Headquartered in Denmark, Ørsted employs 6,836 people. billion (EUR 10.4
Despite approaching regulatory requirements across major markets to begin disclosing on emissions across the value chain, or “Scope 3” emissions, nearly 60% of companies failed to report on even one supplychain emissions category, according to a new report by environmental disclosure platform CDP.
Utilizing CDP's platform for disclosure empowers you and your organization to embark on ambitious corporate action. In 2022, CDP had 23,592 companies disclose through the climate change, forests, and water security questionnaires. To begin water stewardship strategy development.
Decarbonizing our customer operations and our supplychain In 2024, SLBs Transition Technologies portfolio of upstream and midstream products and services continued to expand, helping customers reduce their greenhouse gas emissions. Sustainable Development Goals, U.N.
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.
Illumina received leadership score with an A- from CDP. On December 13, Illumina received an A- score from CDP, which runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. "We CDP defines top status as an A score. 2022 ESG Highlights.
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. Enterprises across all industries are recognizing the true potential of AI/ML.
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. . Association of Energy Engineers (AEE).
While Lenovo has minimal wet processes, it appreciates the importance of adequate quantities of sufficient quality water to its supplychain partners with wet processes, particularly the semiconductor industry. For more information on audits at Lenovos facilities, see Section 4.0.
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. According to CDP, the organization raised the bar in 2022 on qualification for leadership status across the categories, with more stringent criteria such as 1.5°C-aligned
With a deep understanding of consumer megatrends and utilization of advanced technologies like AI and data clouds, this year Clorox continued to drive enduring innovation across our products, supplychain and business operations. As we re-assess our goals, we continue to integrate sustainability into our business. Plastics Pact.
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.
Workiva continues to develop and deliver innovative capabilities that ensure our end-to-end platform enables our customers to meet evolving ESG disclosure requirements,” said Julie Iskow, chief operating officer of Workiva. About Workiva. Workiva Inc. NYSE: WK) simplifies complex work for thousands of organizations worldwide.
Governance and Trust Implemented an AI Governance Framework to evaluate the potential use of AI from ideation through all stages of the product development lifecycle. Earned its first-ever B from CDP for its work to address climate change. Expanded its Achieving Corporate Equity (ACE) program to further empower diverse talent.
The Barron’s accolade follows CBRE’s achieving an A- performance score from CDP on its 2023 climate change disclosure. CDP’s annual climate change disclosure and scoring process is recognized as the global standard of corporate transparency on climate impacts, risks and opportunities. Please visit our website at www.cbre.com.
Associate, Corporate Engagement at CDP. Investments Leadership Development Program at Columbia Threadneedle Investments, U.S. 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. Betty Cheong. Gabrielle Xu.
Companies are making bold commitments to tackle critical sustainability issues within their supplychains and beyond. Where companies have traditionally focused on assuring the integrity of their supply through certification, they are increasingly also committing to broader targets such as restoration and net zero.
In preparing the report, the company may follow a framework developed by a reputable agency, such as the Task Force on Climate-related Financial Disclosures (TCFD ). Report carbon performance data to an outside organization, such as CDP or Sustainalytics. CDP, for example, uses a standard questionnaire for all companies.
The same week that PepsiCo announced its new ambition, the company’s foundation extended the terms of its 14-year-long relationship with the Inter-American Development Bank — with initiatives including a fund meant to promote the inclusion of women in regenerative, sustainable agricultural models in Latin America.
In case there were any doubts about the business relevance of this issue, three developments over the past six months have put these to rest: Development 1: Deforestation rises to a top climate priority. Development 2: Investors are looking at your forest footprint. Development 3: Due diligence is now serious.
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 CDP 2021 supplychain report , upstream emissions are 11.4 Reason 2: reduce risks.
Simultaneously, the CDP has estimated that the cost of inaction on water risks is up to 5 times the cost of action. Whether you’re just starting out, or have a solid water strategy already developed, the cycle will guide you in your pursuit of water stewardship , efficiently and effectively. Develop Corporate Water Strategy.
Investors are concerned about the viability of long-term assets in high emissions sectors at risk of being hit by negative policy or market developments. Generally Accepted Accounting Principles (GAAP) or International Financial Reporting Standards (IFRS) — a variety of methods can be used for carbon accounting (CDP accepts 64 of them).
This newfound perception of supplychain risk as inseparable from a broader array of sustainability challenges and opportunities is, in Heinzmann’s analysis, one of the most significant legacies of the pandemic, and it is a dynamic that he expects to continue shaping procurement and sustainability programs in the long-term.
Businesses who have yet to establish a sustainability program or disclose to the likes of EcoVadis or CDP (formerly known as the Carbon Disclosure Project), however, may find themselves overwhelmed and already behind schedule. So, while an organization itself may not be directly tied to the regulation, their value chain might.
Le Calvez-Yassine said the factors the framework was designed to follow include business operations, strategy and risk management performance, supplychain management, and responsible political engagement, which have been translated into measurable KPIs that investors can track over time.
The program aims to advance decarbonization along the value chain through the collection of emissions data, jointly defined actions for reduction and continuous upskilling. Reducing emissions along the value chain Henkel is pursuing clear goals to reduce its carbon footprint in line with the Paris Climate Agreement.
GRI Sustainability Reporting Standards are one of the most commonly accepted global standards for sustainability reporting by companies, developed to enable consistent reporting across companies and industries, providing clearer communication to stakeholders regarding sustainability matters.
As a leading provider of business-to-business (B2B) supplychain solutions, our team continues to navigate through a mixed economic environment, while managing changing customer buying patterns. We also understand the urgency to develop solutions for the complex problems in a changing world. s Sustainable Development Goals.
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 development makes it increasingly difficult for businesses to ignore water security issues.
The Net Zero goal, i.e. reduction of greenhouse gas emissions and the subsequent removal of residual emissions to as close to zero as possible along the entire value chain , is at the heart of the European Green Deal and considered crucial to limiting global warming to well below 2°C in line with the Paris Agreement.
Data and models exist, but they’re incomplete and still developing. For example, one provider calculates a company’s physical risk based solely on its headquarters location, despite its global supplychain stretching across far-flung manufacturing locations.
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.
New framework developments from CDP, The GHG Protocol and The Taskforce on Inequality and Social-related Financial Disclosures (TISFD) , alongside the EU’s Corporate Sustainability Reporting Directive (CSRD) and similar global initiatives, are ushering in a new era of corporate accountability and transparency.
This layer on top of the organization’s existing systems is a boon to productivity and decision-making, especially as the real-time data reduces time spent developing static reports. Anywhere from 50 percent to 70 percent or more of business emissions come from the supplychain, depending on the industry.
“We believe that ESG (environmental, social and governance standards) is foundational to our business, and we are proud of our performance,” Vern Yu, Enbridge’s Executive Vice President of Corporate Development and Chief Financial Officer, told an audience of analysts during a quarterly financials call in mid-2022. “In
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).
Systemic inequalities that can be exacerbated by climate action present a business risk. C-aligned, ambitious, equitable, and social-justice centered. The ILO Guidelines for a just transition towards environmentally sustainable economies and societies for all can serve as the central reference for policymaking.
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.
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