Supply chain as key driver for sustainability

As the importance of sustainability is rising on the corporate agenda, companies need to provide environmental impact reduction plans to shareholders, banks and other stakeholders. The Paris Agreement urges companies to reduce carbon emissions to net zero by 2050, to achieve the goal of maximum 1.5°C temperature increase. A benchmarking study of sustainability performance was conducted on the environmental reports of 59 companies, and their plans for emission reductions were analysed. From the results, a framework to define CO2 reduction targets to achieve net zero has been devised for companies, starting from now.