Olvi achieved an A- rating in its first CDP Supplier Engagement Rating

After achieving B in its first CDP Climate change rating, Olvi Group achieved an A- rating in the CDP Supplier Engagement Rating. This rating shows how effectively companies are engaging their suppliers on climate change. The overall rating scale is A-D-. The achievement is really good and shows Olvi’s long-term commitment to climate work.

The CDP is a non-profit organization aimed at collecting company-specific data on fighting climate change, greenhouse gas emissions and adaptation to climate change. For the rating, CDP assesses performance on supplier engagement using a company’s response to selected questions on governance, targets, scope 3 emissions, and value chain engagement in the CDP climate change questionnaire. The rating helps companies to evaluate and develop co-operation with the supply chain.

“Sustainability in the Olvi Group is part of everyday life. Long-term work has been done to achieve our climate goals, and we have almost achieved our goal of a carbon-neutral plant in Iisalmi in 2023. The Group’s other companies are setting their carbon-neutral goals at present”, says Sari Lähteinen, Quality Manager at Olvi plc.

“CDP’s assessment is based on 2020 data, which used data from the parent company Olvi for the value chain (Scope 3). In the following reporting, value chain information from all Group companies will be used, which will enable us to target our environmental activities more effectively in the future. We have also started work on setting science-based climate targets (SBTi).”