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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.
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.
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.
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.
This is largely because of its dependence on agriculture, which consumes the most water by far, slurping up roughly 70 percent globally and wasting about 60 percent of that, largely through inefficient applications. This increasing demand in the midst of plummeting supply spells trouble for businesses. Lagging disclosure.
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.
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.
Exceptions may exist for typical sanitary waste. 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. .
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.
Reduced inventory for six consecutive quarters , demonstrating that our supplychain optimization efforts are working as planned. Achieving a 78% response rate from priority suppliers for the 2022 CDPSupplyChain questionnaire, which improves visibility into their carbon footprint and reduction targets.
2021 was characterized by the ongoing COVID-19 pandemic, supplychain disruptions, labour shortages, and geo-political and climate uncertainty. 15% decrease in total waste intensity compared to 2018. 68% reduction in waste clippings compared to 2020. Received a “B” score on climate change and water security from CDP.
This includes our direct operational GHG emissions such as from manufacturing processes at our three fabs and our cogeneration plants, our purchased utilities, primarily electricity, and our upstream and downstream value chain, which includes direct and indirect supplychain, business travel, waste generated in operations, and more.
All companies will need to work with and support the small and medium-sized enterprises (SMEs) in their supplychain – and the SME Climate Hub can help them do it. If bigger businesses fail to build resilience in their supplychains by supporting SMEs to decarbonize, the long term economic and climatic consequences will be severe.
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.
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.
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.
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 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 are implementing initiatives that curb energy use and minimize waste generation.
Read the 2024 Wesco Sustainability Report here Sustainability Approach Wesco is recognized as a premier distribution and supplychain services company with a history of success in meeting our customer needs and integrating sustainability into our operations. and Canadian locations from a 2020 baseline by 2030.
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.
All of the reporting entities, we're in alignment with — the Global Reporting Initiative, the CDP, the Task Force on Climate-related Financial Disclosures. Because we're Scope 3, it's got to be across your whole supplychain. Andrew: We have a very clear vision, and that's a world where packaging never becomes waste.
Data often resides across the company in multiple different places — a health and safety system, water and electricity bills, waste manifests, a desktop, an HR system. Anywhere from 50 percent to 70 percent or more of business emissions come from the supplychain, depending on the industry.
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. Should companies begin to shrink supplychains, investors need to understand how scenario analysis models should reflect this change.
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.
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.
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 (..)
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.
In late 2022, the company and its partners launched an asphalt shingle recycling pilot program developed to deconstruct residential and industrial waste shingles and extract their component materials. The process is designed to reclaim the entire shingle to avoid any components of the product going to waste.
Companies are adopting new technology solutions to help them manage sustainability across many different dimensions, from environmental issues like energy, water, and waste, to social issues like diversity and human rights, to governance and reporting issues. SAP customers produce 87% of the world’s global commerce.
More information on our sustainable client offerings is included in the Sustainable Products and SupplyChain section of this report. Target: Reduce landfilled waste intensity by 15% across our U.S. Progress: Wesco has reduced total waste generated by 3%, waste to landfill by 11%, and increased waste recycled by 15%.
(“CIF”), a venture capital fund dedicated to advancing the circular economy by investing in growth-stage companies across North America, Europe and Asia, which have the potential to solve complex supplychain problems and minimize environmental impact. Tweet me: @MasoniteDoors announced a €5M investment in the Circular Innovation Fund.
First and foremost, organizations must talk about change alongside practicable efforts to enact it — and validate and ensure accountability for those efforts by measuring them against standards like the 17 United Nations Sustainable Development Goals and CDP's disclosure standards.
The majority of the land used by our value chain comprises of forests to supply our paperboard; the remainder consists mainly of an agricultural footprint of starch crops for paperboard, sugar cane for our plant-based plastics and mining areas for aluminium foil and stainless steel.
And befitting its heavily female clientele, the company also funds initiatives focused on raising up girls and women, such as HERProject, a BSR initiative aimed at supporting low-income women in global supplychains. We're getting recognized by CDP or MSCI or ISS for that, which we find very gratifying.
CDP disclosure expansion aims to provide more visibility on plastics for investors. . Improved visibility of the role of plastics in business processes and supplychains will help, according to environmental disclosure platform CDP, but forward-looking metrics will also be needed to guide future investments. .
Voluntary limitations More than 3,000 companies with over US$31 trillion in market capitalisation, have disclosed information on their production and use of plastics for the first time through the CDP platform this year. In response, CDP have led an open letter to governments from 48 financial institutions with a combined total of US$3.5
In 2022, the company was named to the Dow Jones Sustainability Index for the fifth consecutive year and was recognized as a leader in sustainability by the CDP. The post Oracle’s Commitment to a Sustainable World appeared first on Environment + Energy Leader.
And befitting its heavily female clientele, the company also funds initiatives focused on raising up girls and women, such as HERProject, a BSR initiative aimed at supporting low-income women in global supplychains. We're getting recognized by CDP or MSCI or ISS for that, which we find very gratifying.
Sue Armstrong-Brown, Global Director of Environmental Impact at CDP, expects nature-related reporting to surge despite the lack of a firm mandate in Montreal. It is for this reason that CDP campaigned for mandatory disclosure in the GBF; a demand that was ultimately rejected , with the wording of Target 15 falling just short of expectations.
Food systems are sustained by carbonintensive activities including agriculture, land use, and supplychain activities such as industrial processes and packaging, and account for one-third of total GHG emissions 7. Tetra Pak is one of just 18 companies in the world to have a place on CDP’s A List for climate change and forests in 2022.
Vodafone has teamed up with CDP to develop a reporting and best practices framework to help telecoms businesses address greenhouse gas emissions in their supplychains. The rules will ban imports of coffee, beef, soy and other commodities if their supplychains are linked to deforestation.
As corporate customers face increasing scrutiny over their supplychain emissions, businesses of all sizes must become more transparent. By making it easier for SMEs to measure and report emissions, millions more businesses can start their journey to net zero and bring much needed transparency to global supplychains and networks.
Our efforts have spanned the supplychain and include everything from , on-farm projects to measure carbon emissions to the ongoing OSI-wide implementation of a new international safety standard. To that end, OSI has been working for years to standardize the data we collect.
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