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Article: Environmental responsibility: Paul Dickinson explains why the Carbon Disclosure Project has widened in scope to cover greenhouse gas emissions in companies' supply chains.(technical matters)
- Article from:
- Financial Management (UK)
- Article date:
- May 1, 2008
- Author:
CopyrightCOPYRIGHT 2008 Chartered Institute of Management Accountants (CIMA). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The Carbon Disclosure Project (CDP), a collaboration of more than 385 institutional investors managing assets totalling 29trn [pounds sterling], has been working for the past eight years to encourage companies in the members' equities portfolios to measure and report on their greenhouse gas (GHG) emissions.
The CDP has extended this tried and tested system to work with large procuring organisations with the aim of finding out what their suppliers are doing to manage issues associated with climate change. It has launched the supply-chain leadership collaboration (SCLC), in which firms including Cadbury Schweppes, Dell, Hewlett-Packard, L'Oreal, Procter & Gamble, ...