November 16, 2007—The Carbon Disclosure Project (CDP), a not-for-profit collaboration of over 315 institutional investors with assets under management of more than $41 trillion, recently announced a supply chain initiative through which leading UK companies are seeking emissions data from their supply chains.
Through the newly formed Supply Chain Leadership Collaboration (SCLC), CDP is working with Tesco, Unilever, Cadbury Schweppes, Imperial Tobacco, Procter & Gamble, and Nestle to engage these companies’ supply chains to report carbon footprints and climate change-relevant information, such as greenhouse gas emissions data, emissions reduction targets and climate change strategy.
CDP says that this is the first time that corporations will work together to create one single standardized mechanism, through the CDP questionnaire process, to measure their carbon footprint throughout their supply chain.
By creating one standardized system, one single request for disclosure will be sent on behalf of all the members of the SCLC. This will vastly decrease the burden on suppliers who might otherwise receive a number of separate requests, all asking for similar information, notes CDP.
For more information visit the CDP Web site.