Tech Mahindra, the only Indian company recognized as world leader for supplier engagement on climate change
Tech Mahindra has been identified as a global leader for its actions and strategies to manage carbon and climate change across its supply chain and has been awarded a position on the Supplier Engagement leader board by CDP, the non-profit global environmental disclosure platform.
In a surge of climate leadership, 58 leading companies have earned a place on the second annual Supplier Engagement leader board, double the number featuring in the first year. Tech Mahindra is the only Indian company among the 58 companies on this Supplier Leader Board and this highlights our active engagement with our suppliers on climate change.
Over 3,300 companies were assessed by CDP on their supply chain engagement strategies. Tech Mahindra is among the 2% of organizations to be awarded a position on the leader board, in recognition of its actions to reduce emissions and lower climate-related risks in the supply chain in the past reporting year.
Sandeep Chandna, Chief Sustainability Officer said, ‘We are extremely proud and honoured to be recognized by CDP as a Global leader for supplier engagement and would like to share this recognition with all our suppliers and customers who joined us in our crusade against carbon emissions. Tech Mahindra is committed to adhering to the Climate Change goals and our business strategy includes reduction of emissions as a key aspect to every business mandate.”
The Supplier Engagement leader board is released today in Closing the Gap: Scaling up sustainable supply chain practices, CDP’s Global Supply Chain Report 2018, written by CDP using analysis provided by McKinsey & Company. The report reveals that climate leadership is paying dividends, as awareness of climate change-related risks and opportunities is increasing down the supply chain. Over three quarters (76%) of suppliers responding to CDP have identified some inherent climate change risks to their business and more than half (52%) report that they have integrated climate change into their business strategy.
CDP is an international non-profit that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources and protect forests. Voted number one climate research provider by investors, CDP leverages investor and buyer power to motivate companies to disclose and manage their environmental impacts.