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Supply chain reporting: Pandora’s box of emissions?

080411_suppliers.jpgReporting leaders, including Tesco, Dell and Nestle, are being urged to find out what their suppliers’ carbon footprints are. The move is getting a mixed response. It is five years since the global climate change initiative, the Carbon Disclosure Project, first received backing from investors to ask the world’s largest companies to report annually on their direct emissions. Now a new and much more complex side to carbon emissions reporting is beginning to be addressed. Company supply chains. Beginning in early 2009, the CDP plans to ask all companies listed within London’s FTSE 350, New York’s Standard & Poor’s 500 and other global stock exchanges not only to report on their own emissions (which the CDP estimates to make up 40% of global emissions), but also to send carbon disclosure questionnaires out to their suppliers. (..) A few companies, including Tesco, Nestlé, Proctor & Gamble and Dell are now trialling a pilot questionnaire before the official launch, which, according to Dickinson, is scheduled for next spring. Each has asked 50 of its biggest suppliers from all sectors of the supply chain to respond on the questionnaire’s usability. At this stage the results will be shared internally. Dickinson is keen that all suppliers’ carbon disclosure reports should be made public from 2009. He says companies will not be obliged to call on all their suppliers to report, but are encouraged to make the inquiry “as thorough as possible”. However, the companies involved in the pilot survey, known as the Supply Chain Leadership Coalition, seem more reluctant to make bold commitments to the survey. Image source: climatechangecorp.com. > Continue.

News selected by Covalence | Country: Global | Company: Nestle, Tesco, Dell, Procter & Gamble | Source: ClimateChangeCorp.com

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