Leading retail powerhouses are stepping up on supply chain sustainability, according to the latest figures from CDP, a global environmental impact non-profit. The world’s largest retailer, Walmart, has just been joined by three more of the top 20 retail companies – CVS Health, Target Corporation and Tesco – in collecting data from suppliers to reduce environmental risk and cut carbon emissions in the supply chain.
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In order to keep global temperature increase to well-below 2⁰C and meet the goals laid out in the Paris Agreement, everyone needs to take bold action to reduce their share of emissions and do so as soon as possible. Companies are responsible for the majority of global emissions and therefore play an integral role in meeting these goals.
The climate rating for actively managed and exchange traded funds, Climetrics, has advanced its methodology by scoring funds for investing in companies with public commitments to science-based targets.
CDP works to transform the way the world does business to prevent dangerous climate change and protect our natural resources. We see a world where capital is efficiently allocated to create long-term prosperity rather than short-term gain at the expense of our environment. Click here for details.
We believe that improving corporate awareness through measurement and disclosure is essential to the effective management of carbon and climate change risk. We request information on climate risks and low carbon opportunities from the world’s largest companies on behalf of 827 institutional investor signatories with a combined US$100 trillion in assets.
CDP's water program motivates companies to disclose and reduce their environmental impacts by using the power of investors and customers. The data CDP collects helps influential decision makers to reduce risk, capitalize on opportunities and drive action towards a more sustainable world.