Even as oil and gas companies are exploring new revenue streams and identifying opportunities for a low-carbon future, the pressure is mounting to reduce emissions urgently.
How can companies deliver on these expectations?
Given the rising importance of environmental, social and governance (ESG) issues, many organizations are publicly committing to achieving net-zero emissions targets and embracing diversity. However, operationalizing sustainability is an unprecedented, complex undertaking, especially in supply chain operations, and it has fallen on supply chain and procurement leaders to deliver on these commitments — as it’s within the value chain where many of the greatest sustainability gains can be made.
How can organizations determine success?
July 15, 2022 | Supply Chain Strategy read
Sustainable practices in the supply chain have today become a key component of corporate sustainability goals.
Supply chain sustainability involves the management of environmental, social, and economic impacts of the delivery of goods and services to the market. It also requires compliance with regulations that support sustainable business operations.
Integrating supply chain sustainability into their operations enjoins firms to engage with all their stakeholders, right down to the raw material producers.
July 12, 2022 | Risk Management read
Today, businesses are not gauged through their financial performance alone.
Instead, stakeholders weigh in more on the sustainability aspect of the business than just the profitability.
Hence, sustainability reporting with a focus on ESG has gained momentum, with more and more businesses reporting on the environment, social and governance aspects.
July 07, 2022 | Supply Chain Strategy read
Goals such as net-zero emissions, supply chain sustainability, and supplier diversity are no longer just good-to-have objectives for supply chain and procurement leaders.
They realize that adopting sustainable practices can help develop resilience throughout organizations and supply chains, reducing risk to a large extent and driving positive results.
Consider these numbers.
Today’s procurement professionals are measured as much on carbon reduction as traditional cost-savings goals. But how can they achieve net-zero emissions targets while keeping spending in check?
This GEP-sponsored Supply Management Insider report — Five Data Roadblocks To Overcome in the Journey to Net-Zero Emissions — shines a light on data’s role in reaching ESG objectives.
This paper takes a deep dive into the five data hurdles CPOs must overcome to turn sustainability aspirations into action.
What’s Inside:
