Two Major International Firms Partner to Measure Supply Chain Carbon Management

FCS, an early player in the discipline of environmental sustainability, and CDP, an international not-for-profit organization that works with the world’s largest investors and corporations to motivate companies and cities to disclose their impacts on the environment and take action to reduce them, have been working together since 2011.

By ·

First Carbon Solutions, (FCS) and CDP have announced their expanded partnership to increase services that measure supply chain carbon management and extend sustainability scoring to CDP’s climate change program in the Nordic and Benelux regions, Australia, New Zealand and India. 

FCS, an early player in the discipline of environmental sustainability, and CDP, an international not-for-profit organization that works with the world’s largest investors and corporations to motivate companies and cities to disclose their impacts on the environment and take action to reduce them, have been working together since 2011.

As the exclusive scoring partner of CDP’s supply chain program, FCS reviews and scores thousands of responses provided by participating suppliers. Leveraging its proven sustainability reporting systems and data management and carbon accounting expertise, FCS has built a system based on CDP’s global methodology to evaluate and score CDP responses in a standardized way.

These scores allow the 65 members of CDP’s supply chain program including multinationals like Unilever, The Coca-Cola Company, and Walmart – to benchmark environmental performance, examine practices and develop year-on-year performance improvements.

In an interview with SCMR, Robert A. Francisco, President of FCS said , FCS and CDP are working together to help suppliers enhance customer relationships, better manage risk, increase ROI, and improve their reputations as good global citizens.

“Expanding our relationship to more suppliers and new geographies also provides wider visibility and transparency for stakeholders and investors around the world to make more informed decisions,” he added.

As part of the expanded relationship, FCS will also score submissions from major companies in the Nordic and Benelux regions, as well as in Australia, New Zealand and India on their climate change performance. The scored submissions, from several hundred of the largest companies including Qantas Airways, Ahlstrom Corporation, Tata Chemicals, Skanska AB and Bang & Olufsen, will be delivered to the 722 investors that request this vital climate data via CDP. These scores will also be delivered to the markets via financial data providers including Bloomberg and Google Finance to inform business, investment and policy decisions.


About the Author

Patrick Burnson, Executive Editor
Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [email protected]

Subscribe to Logistics Management Magazine!

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!

Article Topics

All Topics
Latest Whitepaper
Unlock the Value of Your Supply Chain Through Embedded Analytics
Learn how embedded analytics can provide deeper supply chain intelligence and help you extract maximum value from data for your supply chain operations
Download Today!
From the May 2017 Issue
Everyone is talking about terms like digitization, Industry 4.0 and digital supply chain management, but what sort of technologies fall under these broad terms, and how will they change the management capabilities at our disposal? To find out, we talked to some noted supply chain analysts, consultants and technology executives and gathered six digital trends to watch.
Transportation Trends and Best Practices: The Battle for the Last Mile
2017 Technology Roundtable: Are we closer to “Intelligent” Logistics?
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Going Beyond Rate Negotiations for Logistics Cost Savings
The pressure to reduce cost is a fundamental part of every organization today leaving many supply chain professionals constantly renegotiating rates. This webcast examines four areas that may hold untapped savings potentials and even help organizations negotiate better rates.
Register Today!
EDITORS' PICKS
The Evolution of the Digital Supply Chain
Everyone is talking about terms like digitization, Industry 4.0 and digital supply chain management,...
2017 Salary Survey: Fresh Voices Express Optimism
Our “33rd Annual Salary Survey” reflects more diversity entering the logistics management...

LM Exclusive: Major Modes Join E-commerce Mix
While last mile carriers receive much of the attention, the traditional modal heavyweights are in...
ASEAN Logistics: Building Collectively
While most of the world withdraws inward, Southeast Asia is practicing effective cooperation between...