Travis Perkins Group most improved in corporate action on deforestation
Published: 24 November, 2014
For addressing the challenge of removing deforestation from its supply chain, the Travis Perkins Group has been recognised as the most improved company from 2013 in Industrials and Autos in CDP’s 2014 global forests report, ‘Deforestation-free supply chains: From commitments to action’.
The report recognises those companies that have made continuous improvements along the journey from commitment to action. This is in the context of the goal of removing deforestation from agricultural supply chains by 2020, launched as part of the landmark New York Declaration on Forests this September.
Companies identified as the most improved in their sector are those that have made the biggest improvement in their total score from 2013 to 2014. Scores are awarded on CDP’s respected scoring methodology, publicly available on https://www.cdp.net/en-US/Pages/guidance-forests.aspx.
Jez Cutler, head of group environment at The Travis Perkins Group, said: “We are delighted to be recognised as the most improved company in our industry in reducing reliance on forest risk commodities in the supply chain.
“This is a result of our continuous efforts to improve environmental excellence and sustainability throughout our organisation and our activities. We will continue to aim for further improvements and transparency as well as engagement with important organisations such as the CPD, who support this agenda.”
Paul Simpson, chief executive officer of CDP, the non-government organisation working to prevent dangerous climate change, said: “Companies that regularly respond to CDP's forests programme are now identifying many more of the opportunities available to them, including securing their supply chain against the risks associated with deforestation and commodity sourcing. This in turn is helping to secure shareholder value.
“Different parts of the supply chain are moving at different rates to tackle this issue. What is clear is that leading companies, as identified by CDP, are those that are bringing their supply chains with them on this journey.”