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On 1 May 2008, the Carbon Disclosure Project (CDP) published findings of its first survey of supply chains' carbon footprints.
The CDP's Supply Chain Leadership Collaboration requests information from suppliers on behalf of its members to gather carbon footprints and climate change-relevant information, including greenhouse gas emissions data, emissions reduction targets and climate change strategy.
In 2007, the CDP, which acts on behalf of 385 institutional investors holding assets under management of US$57 trillion, set up a Supply Chain Leadership Collaboration (SCLC) with a number of multinationals, including Cadbury Schweppes, Nestle, Procter & Gamble, Unilever, Tesco, Dell and L'Oreal. The purpose of the SCLC is to enable companies to assess their supply chains' carbon footprints and what steps they are taking to reduce these.
144 suppliers responded to the CDP's request for information. 96% identified greenhouse gas emissions as a potential risk, with taxation and emissions limits top of the list. 58% identified reduction in energy consumption as the best way to manage their emissions. However, only 26% said they have set emission reductions targets so far. A second round of requests for information is being sent out, with findings to be announced in January 2009.
“It is patently clear that some large companies are not recognising that they may have to change their buying strategies since the majority of large companies' emissions are caused by the activities of their supply chain, including processing, packaging and transportation” says Roger Hinchliffe, Head of the Company and Commercial department of Pearson Hinchliffe Commercial Law.
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