22 August 2002 | Robin Parker
Consignia is vetting its key suppliers' environmental standards, using a benchmarking service.
The postal company is assessing 10 per cent of its key suppliers on a range of green issues, including their uses of renewable energy and unleaded fuel.
Charles Tucker, head of environment at Consignia, said targets were in place to step up the company's use of renewable energy to 20 per cent by 2010 and for 5 per cent of its transport fleet to use fuels other than diesel within five years.
Consignia is one of 40 founding members of Trucost, a subscription-based web service launched this month to offer firms an environmental rating based on accounts, expenditure data and supply chains.
The Royal Bank of Scotland, Innogy, ntl and a number of small and medium-sized enterprises including Beacon Press have also joined the service, which is backed by 10 leading environmental academics.
Tucker said: "We did not know how many of our suppliers used renewable energy, or how much damage to the environment is caused by our 40,000-strong transport fleet.
"As this service gains momentum, we hope to see how much we are paying nationally for environmental standards and put the appropriate supplier measurements in place."