Chain Leaders will work together with their suppliers and business partners to develop
concrete resources and tools to support suppliers and the SME Climate Hub.
The 1.5°C Supply Chain Leaders is therefore pretty chuffed to welcome Microsoft to the fast-growing group of multinational corporations committed to driving climate action throughout global supply chains in line with latest science.
The initiative already consists of global giants such as Ericsson, IKEA, Telia, BT Group, Unilever, Nestlé, Telefónica and RagnSells – representing a combined turnover of €402 billion. The initiative aims to accelerate climate action and support suppliers worldwide, including small and medium-sized enterprises through the SME Climate Hub.
The tech giant joins multinationals such as IKEA, Ericsson, BT Group, Unilever and Nestle in push to encourage suppliers to embrace greener business practices.
Tech giant joins multinationals such as IKEA, Ericsson, BT Group, Unilever and Nestle in push to encourage suppliers to embrace greener business practices
Climate solution or corporate greenwashing? Tech taps farmers to help offset carbon footprint geekwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from geekwire.com Daily Mail and Mail on Sunday newspapers.
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(Reuters) - When Microsoft Corp made a massive purchase of carbon credits in January, it turned to a relatively new source: farmers who plant crops meant to trap carbon in the soil.
A cover crop of tiller radishes is seen in a corn field in Butler County, Nebraska, U.S. April 6, 2021. Lukas Fricke/Handout via REUTERS
The credits are financial instruments generated by projects that reduce or avoid the release of greenhouse gases, such as solar farms or tree-plantings. The projects’ owners can sell the credits to companies who then use them to make claims of offsetting the climate impact of their operations.