A study released today by the Carbon Disclosure Project [PDF] shows that companies including Walmart and PepsiCo are moving to capitalize on the advantages presented by reducing carbon emissions across their supply chains. This is perhaps not surprising when considering that over half the emissions reduction initiatives reported by Global 500 companies to the Carbon Disclosure Project (CDP) deliver payback within three years or less.
Furthermore, 2011 CDP research established a correlation between a transparent and robust climate change strategy and strong financial performance. With Scope 3 emissions — those that occur beyond direct operations — accounting for as much as 86 percent of a business’ carbon footprint, those corporations that are pioneering a new era in supplier management for the low-carbon economy stand to benefit significantly, as do their suppliers.
via Unlocking the Potential of Low-Carbon Supply Chains | GreenBiz.com.