Hempel is Recognized as Supplier Engagement Leader by CDP

Hempel’s efforts in supply chain engagement on climate issues have gained external recognition with an A score in CDP’s 2022 Supplier Engagement Rating (SER).

Hempel reported data through CDP’s 2022 Climate Change questionnaire for the first time
Hempel is recognised for extensive supplier screening, setting ambitious targets, reporting verified data and environmental governance.

Hempel is recognized for accelerating climate action in its supply chain through efforts including its Sustainable Procurement Programme, validated science-based target on Scope 3, and sustainability governance and reporting. The top rating fully supports the company’s overall sustainability framework, Futureproof.

“At Hempel, we’re very pleased that the tremendous efforts of our colleagues and partners are being validated externally. The result is a reassurance that we are on the right track to establish best practices within our industry on one of the world’s most pressing issues, mitigating climate change,” said Martin Wiese, VP of sustainability at Hempel A/S.

“Reducing scope 3 emissions is a central part of our sustainability ambitions,” Wiese added. “The majority of Hempel’s carbon footprint comes from our raw materials, so working closely together with our suppliers on minimizing emissions is absolutely crucial.”

The ranking is based on a subset of themes from CDP’s overall Climate Change questionnaire – in which Hempel received a B score – and focuses on supply chain emission management.

“Sustainability is our common journey and we need to work together to succeed. Through the Sustainable Procurement programme, we engage, develop and reward suppliers,” said Mikael Kremmer, VP of procurement at Hempel A/S. “Sustainability is growing in importance for all of our suppliers. There is still a lot to be done, but the road ahead is clear.”

Hempel’s validated Science-Based Targets commit to the ambitious target of reducing its Scope 3 emissions from across its entire value chain by 50% by 2030. Hempel has further committed to reducing carbon emissions from its own operations by 90% by 2026, consistent with reductions required to keep global warming to 1.5°C, what the latest climate science has told us is needed to prevent the most damaging effects of climate change.