Tate & Lyle PLC (Tate & Lyle or the Company), a global company specialising in ingredient solutions for healthier food and beverages, has announced it has earned an A rating from CDP for supplier engagement and has been named in CDP’s 2023 Supplier Engagement Rating Leaderboard.
CDP’s Supplier Engagement Rating (SER) measures how effectively companies are engaging with their suppliers on climate change, and assesses their performance on governance, targets, Scope 3 emissions and value chain engagement.
CDP’s SER Leaderboard recognises those organisations with the highest-rating for engaging with suppliers on climate change, and celebrates the role they are playing in the transition towards a net zero economy.
Around 450 organisations earned a place on CDP's 2023 Supplier Engagement Leaderboard.
Ard van Houte, Vice President, Global Procurement at Tate & Lyle said: “Sustainable businesses need sustainable supply chains, and we’re committed to working with our suppliers to tackle the impacts of climate change — both today and into the future. Being recognised as a supplier engagement leader demonstrates the progress we are making and the importance we place on a collaborative approach to working with suppliers.”
CDP is a non-profit that runs a global environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 680 investors with over $130 trillion in assets, CDP pioneered the use of capital markets and corporate procurement to motivate companies to disclose their environmental impact, reduce GHG emissions, safeguard water resources, and protect forests.