Husqvarna Group has been recognised as a Global Supplier Engagement Leader by CDP, a nonprofit organisation that runs the global environmental disclosure system for investors, companies, cities, states, and regions.
Several thousand companies have disclosed their data in the CDP's Supplier Engagement Rating system (SER). The system evaluates supplier engagement practices with the aim of reducing emissions in global supply chains. Out of all companies participating, the top 8% are being named Supplier Engagement Leaders, 2021.
"We are proud of the progress we are making and the recognition from CDP. Our engagement in the CDP Supply Chain program has further improved our insight and capabilities in supply chain CO₂ impacts, delivering the results we needed to meet our targets", says Calle Medin, VP sustainability.
Husqvarna Group say they aim to cut the absolute CO₂ emissions across the value chain by 35% before 2025 while profitably growing the business. CDP evaluates supplier engagement by looking at governance, targets, scope three emissions, and value chain engagement. The scores in the CDP rating system are widely used to drive investment and procurement decisions towards a zero-carbon, sustainable and resilient economy.
Sonya Bhonsle, global head of value chains & regional director corporations, CDP, said, "Our data shows that companies currently have blinkers on when it comes to assessing their indirect impacts and engaging with suppliers to reduce them. Companies must act urgently to cascade action and manage environmental impacts throughout their supply chains to scale the level of action to secure a 1.5°C future. Many congratulations to the 400+ companies earning a place on CDP's 2021 Supplier Engagement Leaderboard.
"As a Supplier Engagement Leader, Husqvarna Group is a trailblazer driving the transition towards a sustainable net-zero future."