GM asks suppliers to sign pledge for carbon neutrality, social responsibility, and sustainability
GM, one of America’s largest automotive conglomerates, has announced an innovative initiative that invites its global suppliers to join the company in its commitment to carbon neutrality, the development of social responsibility programs, and the implementation of sustainable procurement practices in their supply chain operations by signing the Environmental, Social, and Governance Partnership Pledge.
KEY TAKEAWAYS
What will GM's suppliers commit to by signing the Environmental, Social, and Governance Partnership Pledge?
By signing the pledge, GM's suppliers commit to achieving carbon neutrality as well as management systems for labor and human rights, ethics, and sustainable procurement practices.What is EcoVadis?
EcoVadis is a third-party assessor that will evaluate GM's suppliers in accordance with the Environmental, Social, and Governance Partnership Pledge.“There are economic and social imperatives in lowering emissions and addressing climate change while cultivating a just transition. As we accelerate toward our vision of an all-electric future, our commitment to bringing everybody along includes our global suppliers whose collaboration is critical to promoting a sustainable, safe and better world,” said GM Vice President of Global Purchasing and Supply Chain Jeff Morrison.
By signing the abovementioned pledge, suppliers commit to achieving carbon neutrality for Scope 1 and 2 emissions and confirm they have advanced management systems in place for labor and human rights, ethics, and sustainable procurement practices through a third-party assessment by EcoVadis.
EcoVadis is a third-party assessor that evaluates how well a company integrates the principles of sustainability and corporate social responsibility into its business and management system.
GM’s ESG Supplier Pledge is a best practice example of how to work with suppliers and turn their ‘Everybody In’ vision into action. These specific and actionable targets are exactly the kind of engagement needed to accelerate their value chain towards positive impact and to make business a force for creating a more sustainable world,” said EcoVadis Co-CEO Pierre-Francois Thaler.
Photos from GM
Also read:
GM pushes EV campaign with ‘Everybody In’ global campaign
GM pushes to bring electric mobility to those in 'climate equity'
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