Just 2% of firms achieve top marks for green reporting

December 14, 2021 EcoVadis EN

Placing environmental factors at the heart of procurement strategies is “vital” for companies to remain relevant, according to CDP.

CDP, which helps companies disclose environmental impacts, said businesses must focus on supply chains after research found almost 17,000 firms worldwide (worth $21tn) failed to disclose data.

Sonya Bhonsle, global head of value chains & regional director of corporations told Supply Management: “Addressing environmental impact through supply chain engagement is vital for companies to remain competitive and resilient in the face of a changing planet, society and economy.   

“With supply chain emissions being 11.4 times higher than operational emissions, it is clear that managing the direct environmental impact of a company’s operations is no longer enough. Businesses must put the spotlight on – and engage – their supply chains.


Read the full article at: www.cips.org

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EcoVadis EN

EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.

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