Elopak first packaging company to join CDP Supply Chain

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Elopak first packaging company to join CDP Supply Chain

05/20/2010

Elopak is the first packaging company to become a member of the Carbon Disclosure Project’s supply chain program, an international system for reporting carbon emissions performance that puts the risk of climate change at the forefront of global business strategy.

The Carbon Disclosure Project (CDP) has assembled the largest database of corporate greenhouse gas emissions and climate change information in the world, with some 2,500 companies globally now reporting this information. It facilitates the collection of climate change data within investment portfolios -- representing some 534 global institutional investors with a combined US $64 trillion in assets under management -- as well as through corporate and public sector supply chains.

Elopak reported into the CDP Supply Chain program in 2009 upon the request of a global customer and scored in the 1stquartile amongst 700 suppliers. The company’s Environmental Director Sveinar Kildal explains, “Elopak has now become a member of the program in order to measure climate change impact and risk within our own supply chain. We will collect data from all our suppliers who we have asked to open their books to us on sustainability. This will provide a complete and visible data source within our entire supply chain – right back to the forest. Membership is a pro-active move to give transparency throughout our value chain which enables us to lower our environmental impact on this planet.  The CDP puts the risk of climate change (and how we behave to combat this) at the centre of our global business strategy.”

Frances Way, Head of CDP Supply Chain says, “The CDP Supply Chain program brings together the huge purchasing power of global corporations to provide a standard reporting model for suppliers to advance carbon disclosure in the supply chain. Packaging companies have the potential to be part of the solution as we move towards a low-carbon economy. CDP is delighted that Elopak realised the benefits of reporting on climate change last year and is now encouraging suppliers to do the same.”

The Carbon Disclosure Project [CDP]is an independent not-for-profit organization holding the largest database of primary corporate climate change information in the world. Thousands of organizations from across the world’s major economies measure and disclose their greenhouse gas emissions and climate change strategies through CDP. This information is then put at the heart of financial and policy decision-making. www.cdproject.net/

For pictures to the press release click here.

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