Like many industries, the chemical industry finds itself at the heart of this matter, with goal 12 of the UN's Sustainable Developments Goals (SGDs), 'to ensure sustainable consumption and production patterns',
Building a sustainable supply chain is easier said than done. Amidst pressure from investors, employees, and other stakeholders, executives have boldly put a stake in the ground, marking their supply chain sustainability goals. While headcounts and commitments to going green are growing, very few ...
Supply chains continue to be one of the most important levers for organizations to create positive global impacts. Since the year 2000, the value of intermediate goods traded globally has tripled to more than $10 trillion annually. With an estimated 80% of global trade passing through supply ch...
Supply chain transparency can be elusive. Sometimes, businesses find it difficult to evaluate their own progress because they collect data only at a superficial level instead of digging into key metrics that would answer important questions. For example, only 20% of HR professionals say their ...
s a worthwhile investment for attracting customers – nearly eight in 10 consumers indicate sustainability is important to them1. Of those who say it is very/extremely important, over 70% said they would pay a premium of 35%, on average, for brands that are sustainable and ...
When sourcing internationally, it's important to stay informed on evolving tariffs and customs requirements that can impact your supply chain costs and timelines. Having a good relationship with your multiple suppliers can also help prevent delays. “Working with suppliers on forecasts and giving ...
How Important is it for the Sustainable Development of Companies? In recent years, public awareness of sustainable development has grown significantly, gaining traction among consumers and organizations alike. But what is sustainable development exactly? In simple terms, the concept revolves around how ...
However, it is important for retailers to rejuvenate their supply chain with longer-term investments in new capabilities. When adopted and integrated carefully, these new capabilities can help maintain and grow market share. The emergence of new technologies like the Internet of Things (IoT), ...
“Tracking soy used across the poultry supply chain is complicated, but we are committed to preventing deforestation with the help of our suppliers and trusted NGO partners.” Engaging suppliers about climate action Beyond the targeted engagements, Yum! knows how import...
How the largest IT companies view sustainable supply-chain issuesMichael Shoemaker