Despite the growing risk posed by climate change, research reveals that the global response is falling short and companies need a sustainability strategy.
This year’s supply chain program generated the largest ever data set, representing input from 3,396 companies worldwide. For the first time, CDP (formerly the Carbon Disclosure Project) and the Accenture Strategy team has analyzed this data at the national level in 11 key markets to assess:
The relative climate risk faced by supply chains
The preparedness of these supply chains to manage these risks
The propensity of suppliers to work with their customers to reduce risk and seize climate opportunities
The message is clear: suppliers in major economies worldwide are underperforming. They are not responding to high and potentially rising levels of climate exposure, and they are jeopardizing their economic sustainability and that of their customers. However the data also shows great potential exists for collaboration and investment to tackle sustainability challenges.