Carbon Disclosure Project and Cadbury Schweppes Announce Supply Chain Initiative Collaboration

The collaboration will engage Cadbury Schweppes' supply chain to report carbon footprints and climate change-relevant information, such as greenhouse gas emissions data, emissions reduction targets and climate change strategy.

10/10/07 The Carbon Disclosure Project (CDP), a collaboration of over 315 institutional investors with assets under management of more than $41 trillion, will announce a Supply Chain Leadership Collaboration (SCLC) with Cadbury Schweppes. The collaboration will engage Cadbury Schweppes' supply chain to report carbon footprints and climate change-relevant information, such as greenhouse gas emissions data, emissions reduction targets and climate change strategy.

"This partnership between CDP and Cadbury Schweppes is a very significant milestone in corporate action to mitigate climate change," said CDP Chief Executive Paul Dickinson. "By engaging its supply chain in the CDP process, Cadbury Schweppes will encourage its suppliers to measure and manage their greenhouse gas emissions, and ultimately reduce the total carbon footprint of Cadbury Schweppes' indirect emissions. We look forward to other corporations following Cadbury Schweppes' example and partnering with CDP."

Steve Driver, President Global Supply Chain, commented: "Through our Purple Goes Green Climate Change initiative we have committed to forge alliances and positively influence others within our value chain to put climate change onto the agenda. By joining forces with peers and partners throughout the supply chain we hope to reduce the carbon footprint of the food manufacturing sector."

Cadbury Schweppes renewed its commitment to tackling climate change earlier this year in its Purple Goes Green strategy, leading the food manufacturing sector in committing to a 50% absolute reduction in carbon emissions by 2020, as well as setting targets for packaging and water-use reduction.

Details of the supply chain collaboration will be revealed by Paul Dickinson at the UK launch of CDP's 5th report in London. Sir Terry Leahy, Chief Executive Officer Tesco; Sir Tom McKillop, Chairman of RBS and Bob Wigley, Chairman, Merrill Lynch EMEA are also among the speakers at the launch, which will take place at Gibson Hall, 13 Bishopsgate, London. EC2N 3BA at 9am.