Subaru recognized by CDP as Supplier Engagement Leader
for the second consecutive year
Tokyo, February 10, 2022 – Subaru Corporation has been recognized as a Supplier Engagement Leader for the second consecutive year in the 2021 Supplier Engagement Rating conducted by CDP*, an international non-profit organization.
The CDP Supplier Engagement Rating measures how effectively companies are engaging with their suppliers on climate change. The evaluation is based on their responses to an annual climate-change related questionnaire that covers four key areas of governance, targets, Scope 3 emissions accounting, and supplier engagement as well as on their overall CDP climate change score. The top 8% (over 500 companies, 105 companies from Japan) of the assessed companies around the world were selected as the 2021 Leaders.
While Subaru’s supplier selection criteria include compliance with the “Subaru Supplier CSR Guidelines” and the “Subaru Green Procurement Guidelines,” new suppliers are further required to formulate an environmental management system. Furthermore, Subaru holds “Policy Briefings” semiannually in an effort to share with suppliers our mid- to long-term management strategies and our quality, procurement, production, and sales policies. In this way, Subaru is constantly striving to appropriately communicate with our suppliers and advance efforts to deal with climate change together.
Subaru will continue to engage in procurement activities in a way to harmonize people, society and the environment.
*CDP: CDP is a global non-profit charity that drives companies and governments to reduce their greenhouse gas emissions, safeguard water resources, and protect forests. CDP runs the global disclosure system for investors, companies, cities, states and regions to manage their environmental impacts.
https://www.cdp.net/en
- Subaru’s CSR Procurement: https://www.subaru.co.jp/en/csr/social/pdf/procurement.pdf
- Subaru’s Environmental Initiatives: https://www.subaru.co.jp/en/csr/environment/