Supplier Climate Change Actions

Supplier Climate Change Actions

Proof Point

Seven in ten supplier companies surveyed by Carbon Disclosure Project (CDP) have identified climate risks and opportunities, and at least 30% already implementing policies

Supplier Climate Change Actions

2016 (percentage of respondents)

Note: Data based on Carbon Disclosure Project (CDP)’s 2016 study of 4,366 global manufacturers and distributors (3,385 large firms and 981 SMEs) supplying goods or services to 89 CDP member organizations

Proof Point Findings

  • Risks and Opportunities Identification – More than two-thirds of supplier companies surveyed by CDP have already identified climate risks and opportunities
  • Climate Action Implementation – Companies have also started implementing sustainability measures, such as clear governance and oversight (63%), business strategy integration (52%), and climate risk management processes (47%)
  • Setting Targets and Tracking Progress – At least three in ten suppliers tracking climate change initiatives, including setting climate targets (47%), reporting savings from emission reduction projects (49%), and reporting decreases in emissions (34%)
  • Engaging Partners – One in three respondents also engaging value chain partners in emission reduction efforts
  • Key Growth Drivers – Include Paris climate agreement, domestic policies to reduce emissions, and growing company preference to partner with suppliers implementing sustainable practices

Accelerator

Sector

Cross-sector

Source

Date Last Updated

July 13, 2017

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