'Multinationals threaten to axe firms that fail to cut carbon'

BusinessGreen, 26 September 2011: 'Research reveals 40 per cent of large companies are taking action to cut indirect emissions and will choose suppliers accordingly.

While almost all multinational companies are now addressing their own greenhouse gas emissions, two in every five are also taking steps to reduce the carbon output of their supply chain, according to a major new report released today.

The poll of over 100 large businesses undertaken by the Carbon Trust shows the increasing impact of green purchasing practices, with 71 per cent of respondents saying they buy key products from low carbon suppliers.

Just under 60 per cent said they would pay more for products from greener suppliers, two thirds stating that they are prepared to pay a 10 per cent premium. Moreover, 56 per cent said that suppliers were likely to lose contracts if their performance in cutting carbon emissions was not up to scratch.'
 
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