2022
CDP
The Carbon Disclosure Project (CDP) is an international non-profit group, which helps investors, companies, states and regions to manage their environmental footprints. According to the organization, in the next five years, the environmental risks associated with companies’ supplier chains expose them to a financial risk of USD 120 billion in potential costs, as the organization estimates that in general the emission of a supplier chain is 11.4 times as much as the emission of the specific company’s own operations. That is the very reason why the organization urges responsible companies to control the emissions of their suppliers, too, beyond their own climate protection efforts, as well as encourages suppliers to commit themselves to supporting environmental efforts. At CDP Supplier Engagement Rating (SER) Magyar Telekom was ranked to be in the top, being the only telco based in Hungary in that range. [Climate change: A-, Supply chain: 2022 CDP Supplier Engagement Leaderboard]