CDP, formerly the Carbon Disclosure Project, has released its 2018 Global Supply Chain Report, which highlights the efforts of corporations from around the globe to curb emissions and water use.
One hundred companies appear on the A List, which has been produced at the request of 99 CDP supply chain purchasing member organizations with a combined annual spend of over US$3 trillion. CN is the only Canadian firm to appear on the list for efforts to curb emissions.
The water infrastructure supplier, Acciona, achieved the Supplier Water A List, “which highlights companies that have taken an active approach towards water stewardship,” according to the report. Other Canadian market participants, such as Novartis in healthcare and Unilever in consumer staples, also made the water A-list.
More than 4,800 companies submitted annual supply chain disclosures to CDP in 2017 for independent assessment against its scoring methodology. The Canadian National Railway Company (CN) was the only wholly Canadian firm among the two per cent of organizations participating in CDP’s supply chain program to be awarded a position on the Supplier A List, in recognition of its actions to address climate change.
“We are pleased to be recognized by the CDP for CN’s leadership on climate action in our customers’ supply chain,” said Luc Jobin, CN president and chief executive officer.
The Water and A List was released yesterday in Closing the Gap: Scaling up sustainable supply chain practices, written by CDP using analysis provided by McKinsey & Company. The report reveals that awareness of climate change-related risks and opportunities is increasing across the supply chain. Over three quarters (76 per cent) of suppliers responding to CDP have identified some inherent climate change risks to their business and more than half (52 per cent) report that they have integrated climate change into their business strategy.
“We congratulate the 100 companies recognized on the CDP Supplier A List 2018 that are leading the way to our low-carbon and water-secure future,” said Paul Simpson, CDP’s chief executive officer. “Environmental action has never been more vital, nor urgent, and companies have a crucial role to play in keeping up the momentum needed to meet the aims of the Paris Agreement.
CDP is an international non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Voted the number one climate research provider by investors, CDP leverages investor and buyer power to motivate companies to disclose and manage their environmental impacts. The Supplier A List is available on CDP’s website.