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November 5, 2024 /3BL/ - The Clorox Company (NYSE: CLX) announced a strategic partnership with Manufacture 2030, or M2030, to help Clorox's suppliers meet their carbon reduction targets and advance the company's long-term goal of reaching net-zero emissions by 2050. OAKLAND, Calif., In 2024 the company was ranked No.
Overview of CDP and Ecovadis Each of these frameworks offer distinct approaches to sustainability assessment, catering to various aspects of environmental and social impact. With CDP, businesses can report on how they manage carbon emissions, conserve water resources, and engage suppliers in their sustainability practices.
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.
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.
In this video series, we aim to demonstrate how Lenovo is taking action and measuring progress toward net-zero emissions through sustainable product design, conserving natural resources, and increasing sustainability in our supplychain. KEYWORDS: ADR:LNVGY, Lenovo, supplychain, Sustainability, net-zero. link] #ESG.
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: 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's 2021 Supplier Engagement Leaderboard.
Most companies and investors are not yet measuring and targeting reductions in Scope 3 value chain emissions, leading to significant overlooked and unreported financial risks in their supplychains, according to a new report released by Boston Consulting Group and environmental disclosure system CDP.
Industries including energy and manufacturing use up 20 percent more, give or take. 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. Lagging disclosure.
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.
Because Lenovos primary water use is for employee support, water use varies from location to location with its largest manufacturing facilities and the sites with the largest employee headcount, withdrawing and discharging the most amount of water. Lenovos water data for the current reporting year is presented in Section 7.0.
HanesBrands Recognized for Sustainability Leadership, Earning A- Scores in Both Climate Change and Water Security From CDP. The A- score for water security is the highest HBI has received from CDP in that category. For more details about CDP and its scoring methodology, visit www.cdp.net. Thu, 01/12/2023 - 10:00. Press Release.
GHG emission data also helps business monitor the effectiveness of mitigation strategies, and it helps investors understand broadly how the systemic risk across their portfolio is distributed among exposure to emitters (Scope 1 emissions), energy users (Scope 2) and companies with significant supplychain or use-phase impacts (Scope 3).
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. 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.
Taiwan-based electronics manufacturing giant Hon Hai Technology Group, known internationally as Foxconn, announced a new pledge to run its worldwide operations on 100% renewable electricity by 2040. More importantly, we hope to set an example with our supplychain and partners so they will prioritize sustainable management as well.
Reduced inventory for six consecutive quarters , demonstrating that our supplychain optimization efforts are working as planned. Invested in the business to find efficiencies and meet increased consumer demand through our new cat litter manufacturing facility in Martinsburg, West Virginia.
In 2022, Gildan was the only apparel manufacturing company included in the North America Index. Gildan is also pleased to announce that for the third time it has been included in CDP’s Leadership Band in their 2022 Climate Change report. CDP – Leading the way in corporate transparency and action against climate change.
2021 was characterized by the ongoing COVID-19 pandemic, supplychain disruptions, labour shortages, and geo-political and climate uncertainty. Social: Gildan prioritizes being an ethical manufacturer by respecting human rights; health and safety; diversity, equity, and inclusion; and communities. About Gildan.
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. Betty Cheong.
Monster aims to monitor and manage its use of water in order to: Use water efficiently; Reduce the amount of water used (per liter of production) in our beverage manufacturing plants; and Ensure quality and continuity of water supply for our products. Water is the primary ingredient in all of our beverages.
Sofidel The paper manufacturing Group, alongside Science Based Targets initiative (SBTi), is embarking on the pathway to reducing greenhouse gas emissions to as close to zero as possible along the entire value chain. Sofidel is still accelerating its decarbonization journey.
The program aims to advance decarbonization along the value chain through the collection of emissions data, jointly defined actions for reduction and continuous upskilling. Suppliers can also export relevant data for the Carbon Disclosure Project (CDP), a global disclosure system to manage environmental data, which many companies have joined.
Teva was one of the first two companies to receive the new BSI certification program for responsible manufacturing of antibiotics. We also received an A- Climate score and B Water score from CDP, a non-profit that helps companies disclose environmental impact. We’ve issued $7.5 We’re honest about our journey.
Net-zero means a state in which a company’s value chain results in no net-accumulation of Carbon Dioxide (CO 2 ) in the atmosphere and no net-impact from other greenhouse gas (GHG) emissions. Why did Qualcomm decide to commit to net-zero? We set interim goals and committed to the SBTi’s Business Ambition for 1.5°C
In an effort to bolster their deforestation-free claims without actually needing to eliminate deforestation from their supplychains, some companies are choosing to use maps that divide up the farms that they buy from into bits and pieces called plots. What’s happening on the ground?
Gildan is the only company in the Textiles & Clothing Manufacturing peer group to be included. About Gildan Gildan is a leading manufacturer of everyday basic apparel. Corporate Knights’ full ranking is available here. TIME’s full ranking is available here.
CDP is a global non-profit charity that runs the global environmental disclosure system for investors, companies, cities, states, and regions to manage their environmental impacts. Over 23,000 organizations around the world disclosed data through CDP in 2023. About Gildan Gildan is a leading manufacturer of everyday basic apparel.
Over the past few months, there has been a lot of buzz about the benefits and challenges to companies of measuring, disclosing, and reducing the greenhouse gas (GHG) emissions in their supplychains – what’s known as scope 3 emissions. With the U.S. Unilever : “We have a CEO who really believes in this commitment.
The initiative is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI), the World Wildlife Fund for Nature (WWF), and one of the We Mean Business Coalition commitments. About Gildan Gildan is a leading manufacturer of everyday basic apparel.
Source: CDP filings; Environment and Climate Change Canada; Corporate Knights research Others point out that these strategies may do little more than reinforce actions cities were already taking. Paradoxically, cities with ambitious climate plans may also be wealthier, which means more consumption and thus more carbon.
As an example, let’s assume that most of a retailer’s locations are in the US northeast corridor, but it sells products that are manufactured overseas. 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.
All of the reporting entities, we're in alignment with — the Global Reporting Initiative, the CDP, the Task Force on Climate-related Financial Disclosures. Honestly, a lot of our partners — our bottlers, our co-manufacturers, our suppliers — I’ve had a lot of people reach out to me and say, "Hey, this is really exciting.
AMD focuses its efforts on key issues that have the greatest impact on its business and society, determined through an ESG materiality assessment [i] , including environmental sustainability; digital impact; diversity, belonging and inclusion; and supplychain responsibility. “We the water use of AMD operations in 2023 [ii].
See below for the highlights of the past week, and get all your ESG news at ESG Today: Sustainability Goals, Initiatives and Achievements Nestlé, Starbucks, Microsoft Back Closed Loop Partners’ Circular Economy Infrastructure Platform Whirlpool Reaches Zero Waste to Landfill Across Global Manufacturing Sites Shell Says Climate Lawsuits Won’t Help Energy (..)
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.
Simultaneously, the CDP has estimated that the cost of inaction on water risks is up to 5 times the cost of action. In nearly every community, there are Shared Water Challenges that can impact your supplychain, facilities, communities, and markets. Engage with the SupplyChain. Weigh Progress and Performance.
Scope 3 are all other indirect emissions in the value chain. According to CDP, the most significant sources are typically purchasing of goods and services in the supplychain, as well as the use of the company’s sold products. Emissions from purchased goods and services in the supplychain is where most companies stumble.
We are committed to making a meaningful impact in the global fight against climate change, including through our sustainable offerings and responsible manufacturing practices,” said Dr. Amber Wellman, Chemours Chief Sustainability Officer.
In 2022, LVHM became 1 of only 12 companies in the world to receive a "triple A" rating from the CDP for its leadership in protecting the climate, forests, and water. The post LVMH’s Third Annual Social and Environmental Responsibility Report Highlights Progress and Innovation appeared first on Environment + Energy Leader.
Scope 3 emissions tracking – which has been around for 11 years already and is the only internationally accepted method for companies to account for value chain and supplychain emissions – is still listed as an optional reporting standard by the Greenhouse Gas Protocol (GHGP). Do a materiality assessment.
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.
Integrated Reporting Framework (IR Framework) The International IR Framework is a principles-based framework that focuses on three principles: value creation, value preservation and the identification and retention of financial, manufactured, intellectual, human, social and natural capital.
Supplychain links to deforested land are notoriously hard to decipher; some say governments need to unlock key economic data to move the needle. But they still don’t disclose on supplychain links to deforestation, with Van de Werf admitting there is “still work to be done on this”. billion across 211 companies.
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