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More Renewable Energy in Supply Chain Can Drastically Reduce Emissions

December 10, 2019 / MH&L
SHARESHARESHARE

The global supply chain is in a position to play an important role in reducing emissions. A gigaton (one billion metric tons) of emissions savings can be unlocked if key suppliers to 125 of the world’s biggest corporate purchasers increase their proportion of renewable electricity by 20 percentage points, according to new research released on December 9 by CPD. Research from the non-profit organization that runs the global disclosure system, report finds that currently, the average proportion of renewable electricity suppliers purchase makes up 11% of their total electricity. Increasing the proportion of the total electricity they purchase by 20 percentage points next year, (to an average of 31%) would cut a gigaton of greenhouse gas emissions in one year,.This would make a substantial contribution to the global effort to tackle the climate crisis.