Closing the gap: scaling up sustainable supply chains
A new report by CDP, a global environmental disclosure platform, says major companies worldwide achieved a significant reduction in greenhouse gas emissions in their supply chains in 2017. Carbon emissions in supply chains are on average four times those of company’s direct operations. The report says as a result of emission reduction activities, the companies saved costs amounting to USD 14 billion last year. The research, covering companies from Honda to Microsoft, highlights the growing momentum for global climate action. It shows that the number of companies embracing an industry-leading approach to tackling emissions in their supply chains has doubled within a year, with total emission reductions reaching 551 million metric tonnes of carbon dioxide – more than Brazil’s total carbon emissions in 2016.