Executive Briefings

Half of Multinationals to Choose Suppliers Based on CO2 Emissions

A full half of multinational companies plan to select suppliers based on carbon performance, according to a study by Carbon Trust Advisory.

The research says that 29 percent of suppliers are likely to lose their places on green supply chains if they do not have adequate performance records on carbon. The research also finds that 58 percent of multinationals will in the future pay a premium for low carbon suppliers to reduce their overall corporate carbon footprints.

In the U.K., 56 percent of multinationals said that in the future they expect to drop suppliers based upon low carbon performance, compared to just 28 percent in the U.S.

The research consisted of 100 interviews carried out by Dynamic Markets. Respondents were from the senior manager level or above, working for companies with at least 1,000 employees and with operations, subsidiaries, or investments in more than two countries.

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A full half of multinational companies plan to select suppliers based on carbon performance, according to a study by Carbon Trust Advisory.

The research says that 29 percent of suppliers are likely to lose their places on green supply chains if they do not have adequate performance records on carbon. The research also finds that 58 percent of multinationals will in the future pay a premium for low carbon suppliers to reduce their overall corporate carbon footprints.

In the U.K., 56 percent of multinationals said that in the future they expect to drop suppliers based upon low carbon performance, compared to just 28 percent in the U.S.

The research consisted of 100 interviews carried out by Dynamic Markets. Respondents were from the senior manager level or above, working for companies with at least 1,000 employees and with operations, subsidiaries, or investments in more than two countries.

Read Full Article