General Motors is hoping its suppliers follow suit with the automaker itself by calling upon them to take action against carbon emissions. In the process, GM has offered up its assistance to do so and mitigate the various companies’ effects on climate change and strengthen their overall business.
Through this, GM requested about 200 of its suppliers to disclose their energy use and carbon emission data to CDP. What they found was very encouraging. 70 percent of companies had reduced carbon emissions in total by 90 million metric tons, saving a cumulative $23 billion.
“We realize we need to take a broader and more holistic look at our environmental impact, and that includes our partners that supply us with parts and components,” said Al Hildreth, GM global energy manager. “We encourage them to manage their carbon footprint and see the business value that stems from increased efficiency and reduced emissions.”
GM’s work landed the automaker CDP’s Supplier Climate A List, in which only three percent of companies make.
CDP’s data is used by its network of over 800 investors with $100 trillion in assets that believe measuring and managing climate impact can position companies for long-term growth and resiliency.