Reducing risk and driving business value
In 2012, the Carbon Disclosure Project (CDP) conducted its fifth annual information request for member companies and their suppliers. Companies that responded indicated that they are more aware than ever of the considerable risks that climate change poses to their global supply chains.
Key findings of this year’s report are:
1. Supply chain risks from climate change are greater than ever;
2. A persistent performance gap exists between CDP Supply Chain members and their suppliers;
3. Leading companies are investing and making a difference;
4. Supply chain sustainability is creating additional business value;
5. To achieve a leadership position in supply chain sustainability, companies should have strong capabilities in data, process and governance.
As CDP respondents look to the future, they should be aware of the importance both of protecting against risk and of driving value for their businesses. The risks posed by climate change to business operations and continuity are very real, and supply chain professionals have an important role to play in mitigating those risks. At the same time, sustainability in the supply chain also provides a lens to identify opportunities for revenue generating innovations.