How disclosure is pushing positive change down the supply chain

Corporate Citizenship

 

Posted in: Analysis/Comment, Climate Change, Consumers, Speaking Out, Supply Chain

How disclosure is pushing positive change down the supply chain

February 27, 2019

There has been step-change action on environmental impacts within the supply chain in the last decade as demonstrated by the recently published CDP report. Headlines include: (1) more than 110 of the world’s largest companies are now requesting sustainability data from their suppliers, up from 14 in 2008, (2) the CDP Supplier group collectively generated 633 million tonnes of CO2 emission reduction, saving more than $19.3billion in costs.

In February, RB was one of 3% of companies to be awarded a position on the supplier engagement leaderboard by the Carbon Disclosure Project (CDP). Sonya Bhonsle, Global Head of Supply Chain at CDP highlighted “RB is using disclosure to push positive change down the supply chain and…this has the potential to play a huge role in the rapid transition to a sustainable, low-carbon economy.”

Measuring and maintaining high supply chain standards are increasingly being used by retailers to highlight superior performance but the bigger opportunity is to leverage the insight from the continuous monitoring of the supply chain to identify the opportunities available across the whole supply chain move the conversation beyond that of risk.