The 2018 Cox Corporate Social Responsibility Report CEI_2018_CSR_Report | Page 22

COX CONSERVES OUR SUPPLY CHAIN: Abundant Opportunities for Environmental Progress Driving positive environmental change requires an intense, consistent focus on our sustainability objectives and the changes necessary to achieve them. Doing our part to address the world’s biggest environmental challenges requires us to broaden our perspective to assess all the ways Cox can be a catalyst for better environmental outcomes. In 2017, we began partnering with the consulting firm, EY, on a new initiative to thoroughly evaluate our supply chain and devise a consolidated sustainable supply chain strategy. Our supply chain has a significantly greater impact on the environment than our operations: WATER WASTE CARBON Operations: 421 million gallons used (multiplier) 28.5X Operations: 18,000 metric tons produced (multiplier) 33X Operations: 476,000 metric tons emitted (multiplier) 2.5X Supply Chain: 12 billion gallons used Supply Chain: 600,000 metric tons produced Supply Chain: 1.18 million metric tons emitted The project seeks to identify where our supply chain dollars are driving the highest environmental impact. Key opportunities within supplier groups were identified, and Cox teams use those insights to tailor sustainability RFP and contract requirements to the industry. 20 In pursuit of our enterprisewide goals, we have defined a new sustainable supply chain governance structure, researched leading practices in the field, and are currently engaging corporate and divisional stakeholders to gain buy-in on the governance structure. This will be a multiyear effort, and we’re excited about the potential to significantly increase our positive environmental impact.