Companies looking to save money by going green may be willing to fire suppliers who don’t act quickly to help, a nonprofit group called the Carbon Disclosure Project reported after surveying Coca-Cola Co. (KO) and others. The number of multinationals planning to dump vendors within five years for missing environmental targets more than doubled to 39 percent in 2011, according to a report today. The study, released in London by Accenture Plc and the nonprofit, involved 50 respondents, also including Kraft Foods Inc. and Wal-Mart (WMT) Stores Inc. The report didn’t name any of the companies planning to dismiss suppliers. Companies such as Wal-Mart require vendors to reduce everything from water usage to carbon emissions as a means of cutting operational expenses and the cost of goods. Investors are paying attention, ranking companies on how well they enforce reductions and lock in savings. There isn’t much effect on multinationals’ suppliers yet, according to the report’s backers.
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