A company’s ESG performance is now inseparable from its supply chain. Here's why your business needs supply chain sustainability now.
Align your leadership to ESG goals to reduce waste and embrace lean principles that reduce costs:In a2022 study, the World Economic Forum found that companies are setting more aggressive targets for supply chain sustainability than before, recognizing the effects on competitiveness and linking sustainab...
Sustainable supply chain management is the practice of integrating environmental, social and financial considerations into the sourcing, production and distribution of goods and services.
Businesses are now eliminating unauthorized subcontracting. Ensuring that all parts of the supply chain are compliant with company standards, particularly regarding labor practices, is crucial. Companies are intensifying efforts to eradicate these practices from their supply chains by addressing child labor ...
with suppliers and banks through our platform with organizations such asPuma rewarding suppliers who meet environmental and social standardsthrough preferential financing rates based on their ESG performance; subsequently improving the resiliency of the overall supply chain and encouraging responsible practices...
What is supply chain management? A supply chain transforms raw materials and components into a finished product that’s delivered to a customer. It is made up of a complex network of organizations and activities, such as raw materials suppliers, manufacturers, distributors, retailers and the ...
Businesses must take the lead in mitigating climate change's effects. Learn why environmental, social, and governance (ESG) investing is a key step.
The supply chain is a complex network of suppliers, manufacturers, distributors, and other partners that contribute to a company's operations. As such, it has asignificant impact on a company's environmental and social footprint as well as its governance practices. Incorporating ESG i...
A sustainable supply chain is one that fully integrates ethical and environmentally responsible practices into a competitive and successful model. End-to-end supply chain transparency is critical; sustainability initiatives must extend from raw materials sourcing, to last-mile logistics, and even to prod...
Retail.Retailers benefit from ESG frameworks by using sustainable sourcing, reducing waste, using fair labor practices and improving transparency in the supply chain. These practices can also appeal to consumers who are more environmentally or socially conscious, improving brand loyalty. ...