Essity Celebrates Sixth Year as CDP Supplier Engagement Leader
Essity Achieves Recognition for Sustainability Leadership
Hygiene and health company Essity has gained significant acclaim by being recognized as a Supplier Engagement Leader by the renowned global environmental organization, CDP, marking the sixth consecutive year for this achievement. This recognition underscores Essity's unwavering commitment to sustainability and its proactive efforts to engage suppliers in climate change initiatives.
Sustainable Practices Throughout the Supply Chain
Efforts to mitigate climate change and reduce total emissions are paramount to Essity's strategy. The company is dedicated to implementing environmental practices throughout its entire supply chain. This commitment plays a crucial role in achieving Essity's ambitious net zero target aimed for 2050, demonstrating the essential nature of collaboration and engagement with its suppliers.
Objectives for Carbon Emission Reduction
Essity has set clear objectives to collaboratively reduce Scope 3 carbon emissions by 35% by the year 2030. This includes emissions stemming from the sourcing of key raw materials. For the year 2024, Essity proudly reported a 21% reduction in these emissions, highlighting significant progress towards their environmental goals.
Innovative Collaboration with Suppliers
The way Essity collaborates with suppliers involves setting clear expectations and offering comprehensive support. This partnership fosters innovation and aligns with their shared climate action mission. As Jessica Nordlinder, VP of Global Procurement at Essity, emphasizes, communication is key. The company provides suppliers with the necessary tools, training, and insights to drive new solutions aimed at reducing emissions.
The Importance of Strong Relationships
Strong partnerships are essential to ensuring that suppliers are not only engaged but fully committed to the environmental targets set forth by Essity. The transparency and open communication foster a collaborative environment conducive to achieving significant sustainability milestones together.
Performance Evaluation Standards by CDP
CDP's annual environmental data collection is recognized as the leading independent standard for assessing companies' environmental practices. The Supplier Engagement Assessment (SEA) evaluates firms based on governance, targets for emissions reduction, Scope 3 emissions, and overall performance in the value chain.
Essity’s Commitment to Climate Action
The recognition from CDP reiterates Essity's long-term commitment to climate action and sustainability. As the company progresses in its journey towards reduced emissions, it remains focused on fostering a culture of sustainability within its supply chain.
Frequently Asked Questions
What does the CDP Supplier Engagement Leader designation mean?
The designation recognizes companies that effectively collaborate with their suppliers to drive climate action and reduce emissions.
How does Essity plan to achieve its net-zero target?
Essity aims to achieve its net-zero target by 2050 through strong partnerships and innovative emissions reduction strategies within its supply chain.
What are Scope 3 emissions?
Scope 3 emissions refer to indirect emissions from a company's value chain, including those from suppliers and the use of products sold.
Why is supplier engagement critical for sustainability?
Engaging suppliers is essential to create a strong collective impact on reducing emissions and achieving corporate sustainability goals.
How can businesses improve their sustainability practices?
Businesses can enhance their sustainability practices by collaborating closely with stakeholders, setting clear goals, and fostering a culture of innovation around environmental initiatives.
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