Helping to reduce the effects of climate change has become a huge responsibility for big businesses and in recent years companies have been looking deeper in to their supply chains to source the most eco-friendly products in an attempt to minimise their impact on global warming.
The toy manufacturer Hasbro has recently published its core list of suppliers in an effort to encourage transparency and to address corporate social responsibility principles in its supply chain. Other large companies such as Nestle and Coca-Cola are also planning ways to decrease their carbon footprint.
The Drinks Business Review reported that Coca-Cola will be investing £50million into three of its UK facilities to help reduce water consumption and to provide new machines that will help decrease the need for cardboard packaging. Nestle Waters has splashed the cash too, spending £35 million on a new eco-friendly factory in Derbyshire. The company aims to significantly reduce the site’s total energy output and to also reduce the amount of water used in manufacturing.
So many big names are making a conscious effort to ‘go green’ and it is likely that more will follow suit over the next 12 months. With energy and water consumption becoming a major concern around the globe, there is no better time for companies to focus on managing their supply chains to enable them to purchase from the most environmentally-friendly sources possible.