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Toshiba Recognized by CDP as Supplier Engagement Leader in Efforts to Counter Climate Change throughout Value Chain – EQ Mag

Toshiba Recognized by CDP as Supplier Engagement Leader in Efforts to Counter Climate Change throughout Value Chain – EQ Mag

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TOKYO : Toshiba Corporation (TOKYO: 6502) has been recognized as a “Supplier Engagement Leader” in the Supplier Engagement Rating (hereinafter “SER”) conducted by CDP, an international non-profit organization. The selection is based on Toshiba Group’s efforts to reduce greenhouse gas (GHG) emissions throughout its value chain.

SER is an assessment of responses to selected questions closely related to supplier engagement in CDP’s annual corporate climate change action survey. CDP aims to assess the engagement efforts of purchasing organizations and companies with suppliers on GHG emissions and climate change strategies, and to accelerate efforts to reduce emissions in the global supply chain. The assessment is conducted based on four key items in the CDP climate change questionnaire : governance, targets, Scope 3 management, and supplier engagement.

“Committed to People, Committed to the Future.” is the long standing Basic Commitment of the Toshiba Group. Toshiba Group holds environmental initiatives to be one of our top priority tasks in corporate management, and promotes environmental management to realize a sustainable society. Under the “Environmental Future Vision 2050,” the Group’s long-term environmental vision revised in 2021, Toshiba Group aims to reduce GHG emissions by 70% throughout its entire value chain by FY2030, against FY2019, and to achieve carbon neutrality by 2050.

In cooperation with our suppliers, Toshiba Group promotes environmentally conscious initiatives throughout the entire supply chain and continues to take on the challenge of realizing carbon neutrality and the circular economy.

Note: CDP is an international non-profit organization established in the UK in 2000. It encourages companies to disclose their environmental impacts, and investors to recognize these efforts in their evaluations of companies. Its annual environmental disclosure and scoring process is widely recognized as the global standard for corporate environmental transparency.

Source: toshiba
Anand Gupta Editor - EQ Int'l Media Network