SAO PAULO, Nov. 24, 2020 (PPI Latin America) -Chilean pulp and paper producer CMPC is expanding and turning towards its value chain as a key part of its business strategy and efforts to lead the way towards sustainable development. In 2020, the company partnered with the CDP to launch its pilot program for sustainability in the supply chain.
CDP is a non-profit charity that runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts. The entity runs the global environmental disclosure system to measure and manage risks and opportunities on climate change, water security and deforestation.
CMPC stated that over 100 of its most critical suppliers of raw materials and other inputs and services were invited to report on their environmental performance across the three broader topics covered by CDP questionnaires: Climate Change, Water Security, and Forests (deforestation). "Data collected through CDP ensures standard, relevant, clear and compatible metrics across all suppliers and also provides training to companies that have never reported on these issues before," CMPC said.
The information collected will allow CMPC to identify sustainability risks and opportunities to address in its supply chain going forward.
CMPC three business divisions - pulp, biopackaging and Softys – are participating in the program. The process was kicked off by defining the criteria for critical suppliers, including annual spend, purchase volume, and dependence on certain products of services.
The company plans to expand the program in 2021 to reach more of its suppliers and build partnerships for change towards a better performance and meeting the global sustainable development goals.