Selected as "Leaderboard" in the Supplier Engagement Rating for the First Time
Obayashi is selected as "Leaderboard" in the Supplier Engagement Rating by CDP (*1), an international non-profit organization.
The Supplier Engagement Rating evaluates the climate change initiatives of enterprises' entire supply chains in four categories: governance, targets, Scope 3 emissions(*2), and value chain engagement. Obayashi Corporation, in addition to being named an "A List" company in the CDP's Climate Change Report 2020, has earned the highest score in two Supplier Engagement Rating categories.
In keeping with its own standards, including the Obayashi Group CSR Procurement Guidelines and the Obayashi Green Procurement Guideline, Obayashi has worked throughout its supply chains, including its Group companies, to minimize environmental impact. It is these efforts that won positive feedback.
In the 2020 Supplier Engagement Rating, 396 companies (of which 83 were Japanese companies) are named to its Leaderboard.
Having established the long-term vision "Obayashi Sustainability Vision 2050" and having set decarbonization as one of our targets for the years 2040 to 2050, Obayashi Corporation is working throughout our Group and supply chains to realize a sustainable society. Currently, we aim to realize this vision by conducting business activities designed to prevent global warming. These include setting "Establish an Environmentally Responsible Society," which includes reducing CO2 emissions, as one of our ESG Materialities, and disclosing climate-related information based on the TCFD recommendations in November 2020.
The Obayashi Group will continue to actively engage with all our stakeholders including our supply chain with the aim of realizing a sustainable society and increasing corporate value.
Also, we will endeavor to disclose important information on ESG initiatives such as climate change countermeasures.
- *1 CDP(Carbon Disclosure Project)
CDP is a non-profit organization established in 2000 and based in London. It requests top ranking market capitalization companies and municipalities in principal countries to disclose information on climate change, water and forests. They analyze and evaluate these information and discloses to the investors, companies and government. CDP Web site https://www.cdp.net/en/
- *2 Scope 3 emissions
Greenhouse gas emissions that result from other than an enterprise's own activities. Examples include transportation and distribution of raw materials, employee commuting and business travel, and product use and disposal.