The SER recognises how effectively companies engage their suppliers on climate change, based on CDP’s climate change questionnaire. The companies with the best SER are highlighted as Supplier Engagement Leaders – which this year is the top 8% of companies.
CDP says that responsible sourcing, long-term collaboration and the implementation of high sustainability standards along the entire supply chain are central elements of HeidelbergCement's corporate strategy. A particular focus is on local commitment, and the company invests around 90% of the procurement value in the immediate vicinity of its plants or in the respective country.
CDP adds that the standards set out in the company’s Supplier Code of Conduct are actively monitored and enforced through the Global Supplier Sustainability Initiative. The company is also working to further enhance transparency and reporting in supply chain issues.
HeidelbergCement currently holds the top A score in CDP’s climate change rating. To calculate the SER score, CDP assesses performance on supplier engagement using a company’s feedback to selected questions on governance, targets, scope 3 emissions, and value chain engagement. The SER Introduction and SER methodology 2021 is available on CDP’s website for more information.
CDP is a global non-profit organisation that runs the world’s environmental disclosure system for companies, cities, states and regions. Over 13,000 companies around the world disclosed environmental data through CDP in 2021. CDP is also a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net Zero Asset Managers initiative.
