Suppliers that successfully establish their environmental impacts through accurate measurement are proven to be equipped to set ambitious, timebound goals to reduce them. It is therefore concerning that in 2021 – two years into the Decade of Action – only 2.5% of reporting suppliers have approved science-based targets.
Released today, CDP’s latest supply chain report finds that more than half of suppliers (56%) did not have any climate targets at all. Additionally, only 28% of companies reported having a low-carbon transition plan in place to meet their climate goals. The number of suppliers setting any climate targets increased on average 5% per year.…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
