Can disclosure lead to a lower emissions and a smarter supply chain?

Five reasons why it pays to participate in the Carbon Disclosure Project.

When it comes to making your supply chain more efficient, there are all kinds of benefits. Cost savings. Quality enhancements. Productivity improvements. And another, often overlooked benefit: a greener supply chain. Why? Because more efficient use of resources reduces energy consumption and boosts emissions performance. If you’re looking to get on the road to a smaller carbon footprint, The Carbon Disclosure Project (CDP) is a great place to start.

Here are five things to know about participation:

1. What is the CDP?
It’s an independent, not-for-profit organization that helps thousands of organizations around the world measure, disclose, manage and share information about greenhouse gas emissions, water management and carbon strategies.

2. How will I be scored?
You’re measured in terms of these key points: how you measure emissions, the completeness of your information, the depth of information you provide on how climate change issues challenge your business and if your data is verified by a third party.

3. Why does it matter?
The production and transport of raw materials and finished goods are significant sources of carbon emissions. Not measuring carbon impacts can result in higher energy bills, turn away customers/prospects and negatively impact your brand.  

4. Benefits of participating
Benefits include transparency to stakeholders, improved efficiencies, insights into your company’s climate change risks/opportunities and lower costs.

5. How do I get started?
Register with the CDP, gather information and complete the CDP online questionnaire. To learn how the Carbon Disclosure Project can help you reduce emissions and drive efficiency, read the full blog post here.