The Excel-based tool, launched last year, enables companies to measure and interpret key environmental sustainability metrics across their supply chains and identify progress as well as opportunities for improvement. It measures absolute or intensity improvements in nine key metrics including energy use, water use, waste disposal and greenhouse gas emissions on a year-to-year basis, P&G says.
P&G estimates that the scorecard has led to nearly $1 billion in bottom-line operational savings from reductions in energy, water, waste and CO2 at its facilities over the past ten years.
By providing this tool for free, P&G says it hopes to enable other companies to more purposefully focus on improving their environmental footprint without investing in the development of analysis software. The scorecard and analysis tool are available here.
P&G has been increasing the openness of its business in other ways recently. The company is hoping to generate $3 billion in annual sales from products jointly developed with innovators from outside the firm.
In other supply chain analysis news, Heineken has announced that it will use an EcoVadis platform to monitor risks within its supplier base, spanning more than a 100 countries, and at the same time to identify innovative sustainability practices among suppliers. The EcoVadis platform will allow Heineken buyers all over the world access to easy-to-use, reliable sustainability ratings, covering 21 environmental and social criteria and measuring compliance with the key elements of Heineken’s supplier code, the company says.
Heineken and EcoVadis collaborated to develop questionnaires and scoring models covering specific malt, hops and grains categories. After a successful pilot program covering 150 strategic suppliers in 2011, the EcoVadis tool is now being rolled out on a global basis, the brewer says.