Recently, Procter & Gamble announced an ambitious new goal of reducing greenhouse gas emissions from its facilities 30% by 2020. Developed in partnership with the World Wildlife Fund, the goal represents an important step in the Company's continued efforts to minimize greenhouse gas emissions.
P&G is also joining the Climate Savers Program, a program sponsored by the World Wildlife Fund to enable leadership companies to collaborate and accelerate their efforts to address climate change. The initiative will have significant benefits aside from the obvious environmental impact as well.
"Energy conservation and increasing renewable energy will not only drive emission reductions, but will decrease costs and help create innovative solutions that will help our brands win with consumers" said Martin Riant, Group President at P&G.
Going Green is Good for Businesses of all Sizes
As large anchor companies continue their efforts, they will want to partner with smaller companies in their supply chains to improve overall sustainability efforts. Increasingly, buyers are under pressure to find suppliers that can help them achieve their environmental goals. Since smaller companies are often more flexible, they can innovate quickly, securing relationships with large customers. Green initiatives lead to cost savings, talent attraction and enhanced reputation.
So, even though companies like P&G may get more press, smaller companies stand to benefit greatly from developing their own green plan.
Suppliers who use Ariba Discovery can distinguish themselves as organizations taking green practices seriously. Ariba Discovery's Green Initiative labels provide a way for suppliers to highlight their online profiles, making it easy for buyers connect with like-minded partners. The green Initiatives labels cover Planning, Energy, Carbon Footprint, Transportation and Products and Services. It's never been easier for buyers to find green suppliers and for environmentally conscious suppliers to be found.