Let our experts guide you through this video or this interactive guide to know why you should answer Greenly's supplier questionnaire.
Welcome
In this guide, you will be able to understand the reasons why your client decided to contact you to understand your engagement and climate strategy.
This document has the following information:
Introduction
The climate crises
Heat waves and world GDP
Why did your client ask for a Greenly evaluation?
To have an even better impact on the transition to carbon reduction;
To reduce costs;
To mitigate risks;
To answer the demands of its clients, consumers, and investors
Why should you answer the supplier questionnaire?
To become part of the virtuous supplier directory
To the virtuous supplier medal
1. Introduction
If you believe you already know a lot about this topic, we invite you to move on to the next section. Otherwise, it is always good to remember/ to increase your knowledge when it comes to life on planet Earth.
1.1 The climate crisis
In 2015, the 192 countries that signed the Paris Agreement set themselves the goal of limiting global warming to 1.5°C by 2100 in order to maintain a desirable world for future generations.
This target is based on the recommendations of the IPCC, the international scientific community dedicated to the subject of climate change. The +1.5° target implies a reduction in emissions of 4 to 6% per year for companies, which implies an ambitious climate strategy which starts with a Carbon Footprint.
1.2 Heat waves and world GDP
July 2023 was the hottest month ever recorded on Earth.
An insurer has put a figure on the global impact of the July heatwave: -0.6 growth points.
When the temperature rises above 32°C, productivity drops by around 40%, and this drop becomes even more pronounced as the mercury rises, reaching up to 66% at 38°C.
Based on figures for 2021, the France Assurers Federation estimated the cost of claims linked to natural events over the years 2020-2050 at 143 billion euros - almost double the figures for the last thirty years.
According to a recent UNEP estimate, developing nations will require $300 billion yearly by 2050 to mitigate and adapt infrastructures to the effects of climate change. Impact on biodiversity and health are not accounted in these estimates.
2. Why did your client ask for a Greenly evaluation?
2.1. To have an even better impact on the transition to carbon reduction
The interdependence between supplier and buyer can be put to good use by launching emission reduction action plans which support the climate ambitions of each actor and allow the achievement of sustainability targets.
2.2 To reduce costs
By analyzing emission sources within their supply chain, companies may identify ways to directly reduce their operational costs on top of reducing their GHG emissions, by adopting better practices to save on materials and energy.
2.3. To mitigate risk
Regarding supply: Global supply chains have an impact on climate change, deforestation, water insecurity, and many factors which imply considerable commercial risk: rising energy prices, more volatile raw material prices, etc. The resilience of supply chains and of commercial models has never been this essential.
Regarding reputation: Working with committed suppliers reinforces the credibility of client companies wishing to differentiate their brand through their environmental ambitions, so that we may all proactively fight for the environment.
2.4. To answer the demands of its clients, consumers, and investors
Committed companies know that today, the risks of environmental impact do not stop at their sector's doorstep. Investors, consumers, associations, and decision-makers want to see companies take upon themselves the responsibility for their value chains and of their commercial decisions.
3. Why you should answer the supplier questionnaire?
3.1. To become a part of the virtuous supplier directory
By responding to the questionnaire, you have the opportunity to become part of the Virtuous Supplier Directory. This directory is accessible to all Greenly clients and demonstrates your commitment to sustainability.
This allows you to gain visibility among companies that prioritize sustainability. By joining the Virtuous Supplier Directory, you enhance the credibility of your company and earn the trust of both your current and potential customers.
3.2 To achieve the virtuous supplier medal
In addition to being listed in the virtuous supplier directory, responding to the questionnaire offers you the chance to get a supplier certificate.
This recognition formally acknowledges your commitment to reducing GHG emissions, and you can highlight it in your company's communication. It serves as a valuable element in your relationships with your customers, partners, and prospects, potentially fostering collaboration opportunities.
To learn more about how getting certified you can read this article.