August 20, 2024 | Sustainability read
Many businesses even today are focusing merely on containing their direct — scope 1 and scope 2 — emissions. They are not paying heed to scope 3 emissions, which originate in their supply chains and account for more than 70-80% of their total emissions.
August 05, 2024 | Risk read
Almost every business today understands the significance of complying with ESG norms.
But there is a huge difference between understanding the rules and complying with them. And then, devising ways to monitor the performance over a period and listing it down in a formal disclosure is no easy task.
As a responsible business, how can you go beyond implementing a basic ESG program and report the performance in a formal disclosure?
Let’s find out.
May 28, 2024 | Supply Chain read
Which stage in the product life cycle produces maximum waste? Is it during consumption by end-users? Or is it during its production cycle?
Surprisingly, a lot of waste is produced even before a product can reach the shelf.
May 09, 2024 | Operations read
By Daryl Watkins
Facilities management has been on a wild ride in the last few years.
Facing pressures to optimize cost savings amid labor shortages and sustainability pressures, facilities managers need to stay on top of the key trends that are shaping and reshaping how society operates.
One trend that is poised to make a big impact? The Internet of Things (IoT).
May 02, 2024 | Procurement Strategy read
A series of unforeseen events in recent years has led to a global energy crisis. Among these events, the Russia-Ukraine war left many countries struggling to get adequate supply of oil and natural gas.
What’s the way out for these countries?
They must lower the dependence on a single region for supplies and intensify their efforts to move away from fossil fuels and diversify the energy mix.
Hydrogen, which is widely available, has become a popular choice as an alternative to traditional fuel.
May 02, 2024 | Supply Chain Strategy read
In recent years, stakeholders from investors to consumers have become more vocal in demanding transparency and accountability from companies on their environmental, social and governance (ESG) performance.
This translates to a growing need for ESG disclosure, which involves publicly reporting on a company's ESG efforts and impacts.
Additionally, companies must navigate a complex landscape of regulatory compliance related to ESG reporting.
