Big companies such as General Electric, Wal-Mart Stores Inc & Hewlett-Packard Co are stepping up efforts to trim environmental risks in supply chains. They are creating programs to work with their suppliers on reducing risks from the environment, health, safety, labor rights, security and human rights. The companies are working on ways to improve environmental performance including reducing waste and water use in its supply chain. The big companies are realizing that climate change or other factors are having an impact on their bottom line.
“We’re not just influencing our suppliers,” she said. “We’re influencing the whole ecosystem of supplier”, said Zoe McMahon, HP’s director of global social and environmental responsibility.