News
Coca-Cola Europacific Partners receives top rating for engaging with suppliers on climate change
11/02/2022
Action on Climate, Suppliers |
Following the recognition of its leadership in corporate sustainability on CDP’s 2021 ‘A List’ for climate and water, CCEP has also achieved a place on CDP’s Supplier Engagement leaderboard with a top rating.
CCEP has achieved the highest score, an A rating, on CDP’s Supplier Engagement Rating (SER), which measures how effectively companies engage with their suppliers on climate change. Companies with the best ratings are recognised as Supplier Engagement Leaders, of which CCEP is one of the top 8% of companies who disclosed to CDP.
CDP assesses performance on supplier engagement via analysis of a company’s governance, targets, scope 3 emissions, and value chain engagement in the annual CDP climate change questionnaire.
Read more about how CCEP is working with suppliers, and the progress is it making here.
“Addressing scope 3 emissions through collaboration and partnership across our entire value chain is a critical part of CCEP’s net zero 2040 ambition. We’re making progress by supporting our suppliers in decarbonizing their businesses, and this recognition from CDP underlines the impact we can make by transforming our supply chain for a low carbon future.”
Ralf Peters, Vice President Procurement at CCEP
“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 500+ companies earning a place on CDP's 2021 Supplier Engagement Leaderboard. As a Supplier Engagement Leader, Coca-Cola Europacific Partners is a trailblazer driving the transition towards a sustainable net-zero future.”
Sonya Bhonsle, Global Head of Value Chains & Regional Director Corporations, CDP