Executive Briefings

Hewlett-Packard, General Motors Save Suppliers $12Bn By Reducing Emissions

Hewlett-Packard, General Motors and Bank of America are among the major purchasers that are saving billions and reducing emissions by working with their suppliers to improve environmental management, according to a CDP report.

Hewlett-Packard, for example, helped its suppliers avoid 800,000 metric tons of CO2e emissions and save more than $65m through developing energy-saving action plans targeting local efficiency improvements.

"Missing link: Harnessing the power of purchasing for a sustainable future," written in partnership with BSR and the Carbon Trust, also lists 29 companies awarded a position on CDP's first-ever supplier engagement leader board, selected from more than 3,300 companies that were assessed. CDP has said in future years, the report will also list those companies failing to manage emissions and water risks in their supply chains.

In addition to Hewlett-Packard, the 29 supplier engagement leaders include Braskem, a Brazilian petrochemical company that runs targeted workshops with its suppliers, providing training and technical support on identifying opportunities to reduce emissions and lower costs. Nearly 44 percent of emissions outside Braskem’s direct control (scope 3) are now reported to the company.

Another supplier engagement leader, Dutch technology company Royal Philips, identifies so-called “risk suppliers” that it targets for participation in its supplier sustainability programs. It has also developed a tool to help suppliers with less experience in disclosure to quantify their carbon emissions.

Read Full Article

Hewlett-Packard, for example, helped its suppliers avoid 800,000 metric tons of CO2e emissions and save more than $65m through developing energy-saving action plans targeting local efficiency improvements.

"Missing link: Harnessing the power of purchasing for a sustainable future," written in partnership with BSR and the Carbon Trust, also lists 29 companies awarded a position on CDP's first-ever supplier engagement leader board, selected from more than 3,300 companies that were assessed. CDP has said in future years, the report will also list those companies failing to manage emissions and water risks in their supply chains.

In addition to Hewlett-Packard, the 29 supplier engagement leaders include Braskem, a Brazilian petrochemical company that runs targeted workshops with its suppliers, providing training and technical support on identifying opportunities to reduce emissions and lower costs. Nearly 44 percent of emissions outside Braskem’s direct control (scope 3) are now reported to the company.

Another supplier engagement leader, Dutch technology company Royal Philips, identifies so-called “risk suppliers” that it targets for participation in its supplier sustainability programs. It has also developed a tool to help suppliers with less experience in disclosure to quantify their carbon emissions.

Read Full Article