Snapshot: Companies and their goals for carbon neutral supply chains

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By: Navami Reghunath -- Marketing Analyst

28 March, 2021

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Snapshot: Companies and their goals for carbon neutral supply chains
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carbon neutral

Companies around the globe are embracing net-zero carbon emissions in their supply chains. We have provided a snapshot of what that means in terms of action. This is only an indicative list as more companies continue to unveil their program to achieve carbon neutrality in their supply chains.

Company

Goal

Measures in roadmap

Apple

Commits to be 100 percent carbon neutral for supply chain and products by 2030

  • Low carbon product design
  • Expand energy efficiency of suppliers
  • Depend on renewable energy for operations
  • Technological improvements to processes
  • Carbon removal by investing in biodiversity

KPMG

Intends to be net-zero carbon by 2030

 
  • KPMG firms have committed to 100 percent renewable electricity by 2022
  • Support clients to decarbonize through KPMG Impact programme

Astrazeneca 

Roll out ‘Ambition Zero Carbon’ strategy to eliminate emissions by 2025 and be carbon negative across the entire value chain by 2030

  • Use of renewable energy to power and heat buildings and switch to 100 percent electric fleet for transportation
  • ‘AZ Forest’, a $50-million tree reforestation initiative
  • Engage its suppliers to reduce their direct emissions

Kuehne + Nagel

Kuehne + Nagel will offer CO₂-neutral transport from 2020 onwards

  • Carbon management: Maintain effective carbon management throughout all operations
  • Environmental products & services: Provide environmentally sensitive products to customers
  • Supplier environmental performance: Environmental criteria to procure and select logistics services

General Motors

Plans to be Carbon Neutral by 2040

  • Renewable Energy: Source 100 percent renewable energy to power their U.S. sites by 2030
  • Carbon Offsets and Credits
  • Supply Chain and Infrastructure: Collaborate with suppliers to set targets for the supply chain to reduce emissions, increase transparency and source more sustainable materials.

Microsoft

Microsoft aims to be carbon negative by 2030

  • Take responsibility of their carbon emissions across supply chains
  • Deploy $1 billion of own capital in a new Climate Innovation Fund
  • Deploy digital technology to help their suppliers and customers reduce their carbon footprints.

Bosch

Carbon neutrality since 2020

  • Energy efficiency-  Improvement of energy efficiency across operations
  • New clean power-  Investment in new clean power
  • Green electricity-  Purchasing green electricity
  • Carbon offsets-  Carbon offsetting as a bridging solution

Nestlé

The company is taking measures to halve its emissions by 2030 and achieve net zero by 2050

  • Support farmers in implementing regenerative agriculture practices.
  • Switching global fleet of vehicles to lower emission options and reduce offset business travel by 2022.
  • Increase the number of 'carbon neutral' brands 

HSBC

Achieve net zero in our own operations and supply chain by 2030

  • Mobilise the financial system around a globally consistent standard for measuring financed emissions, and develop a functioning carbon-offset market
  • Provide between $750 billion and $1 trillion in sustainable financing and investment by 2030 to support customers  in their transition to lower carbon emission

Vodafone

Vodafone commits to net zero carbon emissions by 2040

  • Reusing, reselling or recycling 100% of their network waste
  • Vodafone’s European network will be powered by 100% renewable electricity

Unilever

Unilever will achieve Net Zero emissions from all their products by 2039

  • Unilever’s brands will collectively invest Euro1 billion in a new dedicated Climate & Nature Fund
  • Plans to achieve a deforestation-free supply chain by 2023
  • Aim to make product formulations biodegradable by 2030

Bayer

Bayer aims to be climate neutral by 2030

  • Convert 100 percent of the purchased electricity to renewable energies
  • Reduce greenhouse gas emissions along the up- and downstream value chain through cooperation with suppliers and customers.
  • Supporting projects to preserve (rain) forests and using more environmental  friendly packaging materials throughout the Group

Henkel

Henkel is pursuing the vision to become a climate-positive company by 2040

  • Increase efficiency: save energy and raw materials
  • Decarbonize: replace CO2 in energy and raw materials
  • Use CO2 as a resource: convert CO2 into raw materials
 

Rio Tinto

Ambition is to reach net zero emissions across

operations by 2050

  • To continue switching the electricity we generate and purchase to renewables
  • To reduce emissions from the use of coal and natural gas for process heat

Vale S.A

Aims to be carbon neutral by 2050

  • Invest $2 billion in initiatives to reduce emissions over next 10 years
  • Reduce 33% carbon footprint by 2030
  • 15% reduction in scope 3 emissions by 2035

Solvay

Curb Co2 emissions  by 2030

  • Greenhouse Gas Emissions reduction
  • Eliminate the use of coal
  • Reduce the pressure on biodiversity

 




N

Neil Robertson

Hi Great article, thanks! I would like to introduce Compleat (compleatsoftware.com)- we specialise in digital invoice capture, AP and purchasing automation and Procurement (savings as a Service utilising the $1.3B spend data we capture) based in UK, USA and Australia - so "downstream procurement" and "Analytics and data foundation / visualisation". It would be great to be added to your analysis of companies in these sectors. Thanks

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