P&G Launches Sustainability Scorecard
The Procter & Gamble Company announces the launch of the Supplier Environmental Sustainability Scorecard and rating process to measure and improve the environmental performance of its key suppliers. The new scorecard will assess P&G suppliers' environmental footprint and encourage continued improvement by measuring energy use, water use, waste disposal and greenhouse gas emissions on a year-to-year basis.
It is hoped that this breakthrough work will lay the foundation for an industry standard and the scorecard will be "open code" for use by any organization to help promote a working discussion and determine common supply chain evaluation processes across all industries.
"The launch of the Supplier Environmental Sustainability Scorecard represents the next step in P&G's commitment to environmental sustainability and reflects the company's holistic, end-to-end supply chain strategy," says P&G chairman of the board, president and chief executive officer Bob McDonald. "We will grow P&G's business by touching and improving more consumers' lives in more parts of the world....more completely. To accomplish this, we must continually innovate and grow responsibly and sustainably. Keeping Sustainability at the core of our business fuels innovation and strengthens our results."
P&G's new supplier scorecard is the result of 18 months of work and close collaboration with the organization's Supplier Sustainability Board, which includes more than 20 leading supplier representatives from P&G's global supply chain. The scorecard relies on accepted worldwide measurement standards and sound science, including protocols from the World Resources Institute, the World Business Council for Sustainable Development and the Carbon Disclosure Project, so as to minimize redundant efforts and build on existing best practices. P&G's goal in deploying the scorecard is to enhance supply chain collaboration, measure and improve key environmental sustainability indicators, and encourage the sharing of ideas and capabilities to deliver more sustainable products and services for its consumers.
It is hoped that this breakthrough work will lay the foundation for an industry standard and the scorecard will be "open code" for use by any organization to help promote a working discussion and determine common supply chain evaluation processes across all industries.
"The launch of the Supplier Environmental Sustainability Scorecard represents the next step in P&G's commitment to environmental sustainability and reflects the company's holistic, end-to-end supply chain strategy," says P&G chairman of the board, president and chief executive officer Bob McDonald. "We will grow P&G's business by touching and improving more consumers' lives in more parts of the world....more completely. To accomplish this, we must continually innovate and grow responsibly and sustainably. Keeping Sustainability at the core of our business fuels innovation and strengthens our results."
P&G's new supplier scorecard is the result of 18 months of work and close collaboration with the organization's Supplier Sustainability Board, which includes more than 20 leading supplier representatives from P&G's global supply chain. The scorecard relies on accepted worldwide measurement standards and sound science, including protocols from the World Resources Institute, the World Business Council for Sustainable Development and the Carbon Disclosure Project, so as to minimize redundant efforts and build on existing best practices. P&G's goal in deploying the scorecard is to enhance supply chain collaboration, measure and improve key environmental sustainability indicators, and encourage the sharing of ideas and capabilities to deliver more sustainable products and services for its consumers.