Tech Mahindra joins the 1.5°C Supply Chain Leaders
New Delhi: Tech Mahindra, a leading provider of digital transformation, consulting, and business re-engineering services and solutions, today announced that it has joined forces with growing group of global corporations including Ericsson, IKEA, Telia Company, BT Group, Unilever, Nestlé, Telefónica and Ragn-Sells, en route to driving climate action throughout global supply chains.
Sandeep Chandna, Chief Sustainability Officer, Tech Mahindra, said “By joining the 1.5°C Supply Chain Leaders we are committing to reducing our greenhouse gas emissions across our full value chain in line with the 1.5°C ambition – and to urge our suppliers to do the same. This is a crucial part of decarbonising our full value chain and to reach our climate targets.”
The 1.5°C Supply Chain Leaders will work together to drive climate action throughout global supply chains in line with science and support small and medium-sized enterprises (SMEs) through the SME Climate Hub, understanding the need to work with and support suppliers to halve emissions before 2030 and achieve net zero emissions before 2050. The 1.5°C Supply Chain Leaders was founded by the Exponential Roadmap Initiative together with Ericsson, IKEA, Telia, BT Group and Unilever and is supported by the International Chamber of Commerce (ICC) and the We Mean Business Coalition.
By joining the 1.5°C Supply Chain Leaders, Tech Mahindra commit to encourage our suppliers to take action aiming to halve greenhouse gas emissions before 2030, reaching net-zero before 2050 and communicate progress annually. Small and medium-sized suppliers are encouraged to make the SME Climate Commitment through the SME Climate Hub. This will contribute to reaching a critical mass and accelerating momentum for climate action across supply chains.
The 1.5°C Supply Chain Leaders will work together with their suppliers and business partners to develop concrete tools, help remove blockers and provide the resources required to support suppliers.
“We need to jumpstart the first halving of emissions – and without addressing the full value chain this will be impossible. Collaboration is crucial for large corporations to halve emissions in their supply chains towards net zero, whilst also presenting a significant opportunity to advance its position in what will become the next generation of sustainable value chains. We are delighted to welcome Tech Mahindra to the 1.5°C Supply Chain Leaders, as a leading information technology company taking action to reduce emissions in line with science,” says Johan Falk, Head of Exponential Roadmap Initiative and lead author of the 1.5°C Business Playbook.
The 1.5°C Supply Chain Leaders have made the following commitment:
We have all committed to reducing our greenhouse gas emissions across our value chain in line with the 1.5°C ambition. We integrate climate in our business strategy and drive climate action as part of our wider role in society (as members of the Exponential Roadmap Initiative and/or Business Ambition for 1.5°C)
We will work together with our suppliers and business partners to join us on this journey by taking action aiming to halve greenhouse gas emissions before 2030, reaching net-zero before 2050 and communicate progress annually, e.g. as outlined in the SME Climate Commitment. To promote, reward and inspire action, we plan to make climate related targets and performance a key supplier purchasing criteria within one year.
We recognise the challenge this poses for our suppliers and we will support them, working together to reach our shared goals. In addition, we will support SMEs globally through the SME Climate Hub with tools, knowledge and best practice for implementing a robust climate strategy, to support broad action.
In joining the 1.5°C Supply Chain Leaders, Tech Mahindra become partners of the Exponential Roadmap Initiative, joining an ecosystem of front runners in climate action committed to halving emissions before 2030 in the Race to Zero emissions by 2050 at the latest, integrating climate in business strategy and influencing climate action in society, as described by the 4 pillar framework of the 1.5°C Business Playbook. The Playbook is a guideline for companies and organisations of all sizes to set a 1.5°C aligned strategy and move to action.