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September 2011 | Adam Leach
than half of UK companies will drop suppliers in the future if they fail to get
carbon emissions under control.
research, published yesterday by the CarbonTrust Advisory, suggests that due to mounting
pressure from shareholders for companies to take action on carbon emissions, 56
per cent of UK companies would expect to drop suppliers as a result of poor performance
on carbon emissions. This figure was significantly lower for US companies, at
28 per cent.
50 per cent will base supplier selection on carbon performance in the future.
although suppliers that fail to control emissions may face financial hardship,
those that perform strongly will be rewarded. Some 66 per cent of respondents
indicated they would pay a premium in the region of 10 per cent to work with
Jones, managing director at the Carbon Trust Advisory, said: “As carbon becomes
more widely understood as a commodity, there will be increasing pressure from
external sources, particularly shareholders, to make companies address the
carbon intensive area of supply chain emissions.”
study also reported 43 per cent of companies currently provide supplier
training in order to help cut emissions, which is expected to rise by a further
18 per cent in the future,.
Dunne, chief sustainability officer at BT, said working with your suppliers is
critical: “This is very much a collaborative exercise and we believe in working
with our suppliers to help them with the targets and innovation necessary to
take large strides in their carbon journey.”
week, the Carbon Disclosure Project
Global 500 report identified a
positive correlation between sustainability performance and overall
In the report, German car manufacturer BMW was praised for cutting the carbon
footprint for its new sustainable i3 model by 50 per cent.