Press release
adelphi and Trucost establish partnership to tackle supply chain carbon emissions
Today, adelphi and Trucost announced their collaboration to provide supply chain carbon measurement and reduction services.Combining adelphi’s expertise on environmental management and green public procurement with Trucost’s global environmental impact data, the two companies will support German municipalities in efficiently reducing the carbon footprint associated with their procurement decisions. Cost-effective services in this area will contribute to Germany’s ambitious climate protection goals of reducing greenhouse gas emissions by 40% in 2020 (compared to the 1990 baseline).
Greening public procurement
A significant challenge in managing supply chain emissions is identifying the procurement areas that offer the most potential for environmental impact reduction. Trucost has spent the last ten years researching, standardising and validating the world’s most comprehensive data on corporate environmental impacts to provide comparable data on suppliers’ environmental performance. Where suppliers do not currently measure or disclose their environmental impacts, Trucost ‘completes the data gaps’ with its advanced environmental profiling model to provide a complete supply chain footprint.
Based on this analysis, adelphi supports municipalities in developing effective strategies for reducing the carbon footprint of their procurement decisions. Taking into account that European public authorities spend about 16% of the EU’s gross domestic product a year for the procurement of goods and services, this may influence production and consumption trends in favour of environmentally friendly and socially responsible products and services on a large scale. To enhance capacities in the private sector for responding effectively to green procurement requirements, adelphi will use its expertise on environmental management to engage with suppliers to reduce the carbon-intensity of their production processes.
Environmental, social and economic benefits
Walter Kahlenborn, Managing Director at adelphi comments, “carbon emissions are not just an environmental issue, they also reflect a real cost to business. Trucost’s data will enable us to target the procurement areas that offer the most potential for carbon reduction, improving the efficiency of our customers' supply chains and identifying cost cutting opportunities.”
Richard Mattison, Chief Operating Officer at Trucost states, “we regularly find that just 10% of suppliers will be responsible for around 90% of supply chain environmental impacts. Our data enables organisations to identify their ‘hot spots’, even when their suppliers do not disclose data, and efficiently manage their supply chain environmental impacts.”
About adelphi
adelphi is a leading think tank for policy analysis and strategy consulting. We offer creative solutions and services on global environment and development challenges for policy, business and civil society communities. Our projects contribute to sustaining natural life systems and fostering sustainable enterprises. adelphi´s clients include international organisations, governments, public institutions, corporations and associations.
We bring together scientific and technical expertise with analytical and strategic competence, practical application and constructive problem solving. Our integrated approach combines research, consulting and dialogue on six main topic areas. International and interdisciplinary project teams contribute worldwide to a common future – working in different cultures and languages.
In the last ten years adelphi realised more than 400 projects for 100 clients, offering professional and strategic support to crucial environment and development policies and processes. Sustainability is the foundation and leitmotiv of our internal and external conduct. All our activities are climate-neutral and we apply a certified environmental management system.
www.adelphi.de
About Trucost
Trucost was established in 2000, to help organisations, investors and governments to understand and quantify the environmental impacts of business activities.
Over the past 10 years Trucost has collected, researched and validated environmental data from organisations across the world. The result is the world´s most comprehensive dara on corporate environmental impacts, covering Greenhouse Gases (GHGs), water, waste, metals and chemicals.
www.trucost.com
adelphi
André Hewer
Caspar-Theyss-Str. 14a
14193 Berlin
T +49 (0)30-8900068-44
F +49 (0)30-8900068-10
hewer@adelphi.de
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release adelphi and Trucost establish partnership to tackle supply chain carbon emissions here
News-ID: 154791 • Views: …
More Releases for Trucost
Green Bond Verification Market to See Huge Growth by 2030 | KPMG, Trucost, Burea …
Advance Market Analytics published a new research publication on "Green Bond Verification- Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Green Bond Verification- market was mainly driven by the increasing R&D spending across the world.
Get inside Scoop of the…
ESG Consulting Market All Sets for Continued Outperformance: Deloitte, Sustainal …
The Latest Released Global ESG Consulting market study has evaluated the future growth potential of Global ESG Consulting market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential…
Carbon Pricing Software Market 2023: Industry Future Demands Analysis- SINAI Tec …
The Carbon Pricing Software market research report is proficient and top to bottom research by specialists on the current state of the industry. This statistical surveying report gives the most up to date industry information and industry future patterns, enabling you to distinguish the items and end clients driving income development and benefit. It centres around the real drivers and restrictions for the key players and present challenge status with…
Carbon Pricing Software Market Consumption Status and Prospects Professional Mar …
Research Report concentrates on company profiles, business overview, sales area, market performance, and manufacturing cost structure. The Carbon Pricing Software report examines primary production, consumption, and the fastest-growing countries with prominent global industry players. Key market observations are shown to make critical conclusions about business growth. The report includes a competitive landscape analysis (business profiles, investment opportunities, new plans, and technological advancements) and geographic representation segmentation details (primarily type and…
A Comprehensive Study Exploring Sustainability Market | Key Players Sustainalyti …
The Latest research study released by HTF MI “Sustainability - The Most Important Theme for 2020 - Thematic Market” with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Some of…
Potential Growth of Global Green Bond Verification Market by Focusing on New Met …
The Green Bond Verification Market report gives a well-defined perspective of the market alongside the development rate and the future market prospect. Help the report covers market potential and preferred standpoint, opportunity and challenge and risks which is extremely helpful from business perspective.
Some of the Key Players of Green Bond Verification Market:
KPMG, Trucost, Bureau Veritas, EY, SynTao Green Finance, DNV-GL, Kestrel Verifier, NSF International, TUV NORD
Get Sample Copy of this…