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 looks at the disclosures from 152 companies from around the world, representing a market capitalisation of over US$3 trillion, which responded to the investor call for transparency and accountability on deforestation and forest-risk commodities. The report has been produced on behalf of 240 investors who together represent US$15 trillion in assets by CDP, the international NGO that drives sustainable economies.
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.
Jez Cutler, Head of Group Environment, 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 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.”