FinSoul: Multinationals are giving supply chain emissions a hard look.

Feb. 2, 2010 - PRLog -- FinSoul has learned of a new report from The Carbon Disclosure Project (CDP), an independent non-profit organization holding the largest database of primary corporate climate change information in the world, which indicates that many of the top multinationals that pioneered carbon reduction systems are now turning their attentions to their supplier’s carbon footprints.

The new report surveyed 44 end-user firms including such giants as Dell, Juniper Networks, National Grid and PepsiCo.

FinSoul understands that it reveals that while 91% of those surveyed have a board level executive responsible for climate change and 90% have an internal emissions reduction plan in place, 89% now also have a strategy in place to engage their suppliers on carbon emissions and their strategy for dealing with emissions.

Above this, 56% declared that they expected to change some suppliers in the future fir failing to meet carbon management criteria, with many also saying that they will develop contracts that clearly require suppliers to have strict carbon management strategies in place.

"Major corporations are taking carbon reduction seriously and are developing strategies to address carbon emissions in their supply chains,” FinSoul believes a partner at the firm responsible for the report said. "(But) the challenge moving forward is for additional corporations and suppliers to operationalize their carbon-reduction strategies."

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FinSoul structures and guides greenhouse gas emission reduction projects from beginning to end, working with both project developers and buyers of emission reduction credits.