Over the past few years, the awareness and sensitivity to issues related to sustainable energy, environmental impact, and other “green” topics has grown substantially. In an effort to be more socially responsible, and in anticipation of future regulation, General Fasteners Company has committed to driving environmental sustainability initiatives down through our supply base.
CDP (formerly known as the Carbon Disclosure Project), has pioneered a global disclosure system where thousands of companies and hundreds of cities and countries report their impacts on the environment and natural resources to stakeholders and investors. CDP holds the largest collection globally of self-reported climate change, water, and forest-risk data. The goal is to drive action by companies and cities globally to reduce greenhouse emissions, safeguard water resources, and to prevent the destruction of forests. It aims to increase corporate transparency on environmental impact and performance, make environmental performance central to investment and business decisions, assist cities to reduce their climate impacts, and support effective policy and regulation to protect the environment. Further, the platform supports multinational purchasers to build more sustainable supply chains.
General Fasteners Company became a CDP participant in 2011 and we have asked our partners to join us. We added this topic to our supplier audits and supplier scorecard reviews.