Report: Companies Going Green, and Expecting Suppliers to Follow Suit

Not only are corporations getting on the green bandwagon, but they are beginning to demand the same from their suppliers, to the point of cutting loose any suppliers that don't have carbon management plans of their own, according to a new report from the non-profit Carbon Disclosure Project and consultant firm A. T. Kearney.

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Report: Companies Going Green, and Expecting Suppliers to Follow Suit:

"If your company acts as a supplier to larger corporate clients, you'd better be prepared to discuss sustainability and environmental business practices, because you can bet your clients will want to.That's the message of the results of a new survey conducted by the Carbon Disclosure Project (CDP), a nonprofit organization that collects climate change data from the corporate world. The CDP conducted the survey with the help of global management consulting firm A. T. Kearney, which released the results this week. The survey contacted 44 of the CDP's member companies, and the responses from these companies show a strong interest in carbon footprinting and management. According to the report, 63 percent of the companies have "a formal, documented corporate climate change strategy." Even the remaining 37 percent, according to the report, have "general guidelines" in place, and 90 percent of the member companies have plans in place to reduce carbon emissions. "