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Business sustainability ratings and solutions provider EcoVadis announced the appointment of former CDP Chief Commercial and Partnerships Officer Dexter Galvin as its new Climate Ambassador. Dexters experience and expertise will be instrumental as we continue on our mission to decarbonize supplychains faster.
Climate action is a complex endeavor that requires companies to engage all parts of their supplychain in order to meaningfully reduce their environmental impact." We look forward to collaborating with Clorox and the wider consumer goods industry to reach supplychain carbon reduction targets."
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.
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.
SLB is among the 2024 Reuters Sustainability Awards finalists in the Net Zero: SupplyChain Decarbonization category. The supplychain decarbonization category showcases sustainable supplychain practices and highlights how companies are managing and transforming their supplychain to reduce GHG emissions. Finalists
The company aspires to have its own carbon neutral supplychain by 2040 and recently extended its 100% renewable electricity target to all suppliers. . This effort aligns with Ørsted’s own net-zero by 2040 supplychain initiative - we understand firsthand that in the realm of decarbonization there are no competitors, only partners.
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.
A CDP report shows few companies are engaging their entire supplychains on strategies to reduce or eliminate tree cutting, with North American companies at most risk.
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.
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.
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.
DESCRIPTION: Today, Walmart marks a major milestone: We are now more than halfway toward our goal to reduce or avoid 1 billion metric tons (a gigaton) of greenhouse gas (GHG) emissions from product supplychains by 2030 through our Project Gigaton™ initiative. Driving Action on SupplyChain Emissions.
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.
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. KEYWORDS: Essity, STO: SCA-A, CDP, CDP Supplier Engagement Leader 2021. More information at www.essity.com.
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
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.
Retail giant Walmart announced today that it has achieved its goal to cut greenhouse gas emissions by 1 billion metric tons across its product supplychain, hitting the milestone accomplishment 6 years ahead of its 2030 target.
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.
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: 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.
million over ESG investing claims; IAASB releases first sustainability reporting assurance standards; EU lawmakers delay supplychain deforestation law; Shell wins appeal against landmark climate ruling; CDP strengthens alignment of sustainability reporting platform with GRI, EU standards; IKEA invests $1.6
Deutsche Bank announced the publication of its initial Transition Plan, outlining the bank’s methodologies, targets and achievements on its path to net-zero by 2050, across its own operations and supplychain, as well as financed emissions.
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. Congratulations on successfully completing another year of disclosure!
Billion to Climate Investment Strategies Franklin Templeton Launches Enhanced ESG, Reduced Carbon Footprint S&P 500 and World ETFs Robeco Launches Tool for Investors to Find Biodiversity Leaders and Underperformers
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.
It also plans to derive 80 percent of its revenue from green solutions by 2025, have 1,000 of its top suppliers reduce CO2 emissions by 50 percent by 2025 and have an entirely net-zero supplychain by 2050. Tackling sustainability beyond an organization’s own operations – across the supplychain – is the next big challenge.
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. Lagging disclosure.
VERGE empowers professionals decarbonizing and future-proofing their organizations and supplychains through climate technologies. Trellis Impact 25 brings together VERGE , Bloom , and GreenFin and will be held October 28-30, 2025, at the San Jose Convention Center in San Jose, CA.
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. The elephant in the room.
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.
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. .
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.
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.
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.
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.
According to the White House statement announcing the new proposals, the supplychain is a major source of the federal government’s emissions footprint, responsible for more than twice the emissions of its 300,000 buildings and 600,000 vehicles combined. The new rules would require all federal contractors with over $7.5
The company made advancements in areas such as SupplyChain Management, Product Stewardship, Climate Strategy, Biodiversity, Human Capital Management and Human Rights. In recognition of this, CDP awarded Logitech with Supplier Engagement Leader status for the third year in a row.
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
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).
The platform enables users to turn financial, operational, and supplychain data into certified carbon footprint data, greatly reducing complexity and significantly increasing time to insights across multiple climate disclosure and sustainability reporting frameworks. About Workiva. Workiva Inc.
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.
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