DEPOSIT, N.Y. & LONDON— FirstCarbon Solutions, a pioneer and industry leader in environmental business intelligence today announced a partnership with the Carbon Disclosure Project (CDP) in which FirstCarbon Solutions will score all company submissions to CDP Supply Chain, a program which works with global corporations to understand the impacts of climate change across the supply chain. CDP, an independent not-for-profit organization, provides a transformative global system for organizations to measure, disclose, manage and share climate change information.
With consumers, shareholders and other stakeholders demanding carbon reporting transparency, businesses are actively examining the green credentials of their existing and potential suppliers. More than 50 brands, including Vodafone, Pepsico and Walmart, participate in CDP Supply Chain. FirstCarbon Solutions will score disclosures from nearly 1,300 suppliers in the coming months to determine the quality of disclosure and the level of climate change performance.
As CDP Supply Chain’s scoring partner, FirstCarbon Solutions will be tasked with taking information provided by participating suppliers and creating a disclosure score and, for the first time, a CDP Supply Chain performance score. These scores help the CDP Supply Chain members and their suppliers benchmark performance and seek year-on-year improvements. FirstCarbon Solutions’ depth of experience in carbon accounting, life cycle assessment and carbon trading makes the company an ideal partner for this project.
Frances Way, programs director, CDP said, “We selected FirstCarbon Solutions as a scoring partner because of its leadership position in both data management and sustainability. The scored data will provide tangible insights for our members in assessing which suppliers are performing well on climate change and those that are lagging behind.”
“Organizations are actively setting targets and making performance improvements to reduce their carbon footprint. And as greater importance is placed on mandatory and consistent reporting of carbon emissions, a standard scoring system is the only way to provide the transparency required for effective carbon management along the entire supply chain,” said Charles Hansard, director of business development Europe, FirstCarbon Solutions. “Supported by FirstCarbon Solutions’ proven data management and carbon accounting capabilities, CDP Supply Chain offers a practical scoring system that enables industry benchmarking and removes existing complexities pertaining to supplier carbon data collection.”
About Carbon Disclosure Project
CDP is an independent not-for-profit organization holding the largest database of primary corporate climate change information in the world. Some 3,000 organizations and cities across the world’s largest economies now measure and disclose their greenhouse gas emissions and climate change strategies through CDP, in order that they can set reduction targets and make performance improvements. This data is made available for integration into local government, business and policy decision making. For more information visit https://www.cdp.net/en.
About FirstCarbon Solutions
FirstCarbon Solutions is the only end-to-end sustainability provider, combining services, software and business process outsourcing into cost-effective solutions. Unlike companies that specialize solely in environmental software or consulting services, FirstCarbon Solutions allows organizations to completely outsource sustainability management. FirstCarbon Solutions is a subsidiary of ADEC Solutions (www.adec-solutions.com), a global enterprise with over 5,000 employees and operations in North America, Europe, Asia and Australia. For more information on FirstCarbon Solutions, please visit http://www.firstcarbonsolutions.com.