The European Supply Chain Institute has launched a Supply Chain Carbon Council that hopes to bring Europe’s leading commercial interests and government bodies together to develop and promote strategies to manage carbon emissions in the supply chain.
The aim of the multi-year initiative is to build a framework for supply chains to not only reduce carbon emissions but also costs. The ESCI says all aspects of the field will be addressed including carbon reduction initiatives, carbon trading/offsetting and compliance/reporting.
The Carbon Council Steering Committee includes KFW Foderbank, IETA, Carbon Disclosure Project, Vizor, Green 2020, Promise, and SGT.
“KFW is one of the top 10 banks in Germany and manages the KFW Carbon Fund,” said Rainer Durth, VP KFW Foderbank. “The fund supports European SME’s to participate in the project based mechanisms of the Kyoto Protocol and supplies certificates from CDM and JI projects. KFW is delighted to announce it´s support for the ESCI Supply Chain Carbon Council and looks forward as a member of the overall Steering Committee to advising and working with it’s members”
According to ESCI, members will play an active role in producing a Carbon Connections report, the first of which is planned for April 2008.