How 58 companies saved a total of $14B
The number of companies earning formal international recognition for sustainability initiatives doubled in 2017. The nonprofit environmental disclosure organization, CDP, assessed more than 3,300 companies. Of those, the top 58 earned a place on the CDP Supplier Engagement leaderboard. Among the familiar names were Apple, Bank of America, Honda, Nestlé, Panasonic, Rolls Royce, and Unilever.
The companies were recognized for mitigating environmental risks in partnership with their suppliers. Those reductions in CO2 and other emissions saved the companies an estimated $14 billion in 2017.
About the CDP
The CDP was founded in 2002 as a nonprofit organization, the Carbon Disclosure Project. It is based in the U.K. and has worked with over 6,000 organizations and 550 cities to measure, share, and discuss environmental impacts.