Kesko joins global climate collaboration with other sector operators to find new ways to reduce value chain emissions
Kesko joins global climate collaboration with other building and home improvement trade operators in an effort to find new ways to reduce value chain emissions
EDRA/GHIN, the global trade bodies for home improvement retailers, and nine leading sector companies have launched a new collaborative climate taskforce, challenging the entire sector to join them. The goal is to find ways to harmonise emission calculations and reporting, and to reduce the Scope 3 emissions generated in the production and use of products.
In the case of building and home improvement trade companies, more than 90% of greenhouse gas emissions arise from the primary production, manufacturing, packaging, transportation, and use of the products sold. It is therefore not enough for the companies to reduce emissions from their own operations (Scope 1 and 2 emissions) – reductions must be extended to the entire supply chain, i.e. emissions generated in the production and use of the products (Scope 3 emissions).
The global sector organisation EDRA/GHIN wants to promote discussion on climate change and help its member companies find ways together to impact emissions throughout the value chain.
The collaborative taskforce seeks to harmonise emission calculations and share best practices across the industry.
The taskforce is launched with nine building and home improvement trade companies from Europe, the US, South America, Japan, and Australia: Kesko, Adeo, Bunnings, Cainz, Hornbach, OBI, Kingfisher, The Home Depot, and Sodimac.
"We expect this new collaboration to provide us with tools and insight to support our efforts to track and further reduce emissions in our supply chain. In Kesko's own operations, we aim to reach carbon neutrality by the year 2025, and zero emissions by the end of 2030. We encourage our suppliers to make emission reductions through CDP's Supply Chain programme. We report on the progress made towards our goals every year in our Annual Report," says Antti Auvinen, Sourcing and Sustainability Director for Kesko’s building and technical trade division.