Decoding Virtual Power Purchase Agreements (VPPA)
Driving cost savings and sustainability through virtual power purchase agreements
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The Emergence of Retail Sustainability: From Niche to Necessity
November 08, 2023 | Supply Chain Strategy read
The retail industry is undergoing a significant shift towards sustainability. Consumer preferences are changing, with more shoppers looking for eco-friendly and ethically sourced products. Brands that fail to adapt risk losing market share to those leading the sustainability charge. For procurement and supply chain professionals, this transition brings both opportunities and challenges.
Why Sustainable Procurement Will Take Center Stage in 2024
November 01, 2023 | Procurement Strategy read
By Marijn Overvest
As we enter 2024, an extraordinary transition is happening within organizations in how they source materials, select suppliers, and manage supply chains. Sustainability is more than a mere trend; it’s becoming a responsibility for all businesses pursuing a brighter future for people and the planet.
Over the last few decades, environmental concerns have grown significantly, and the apparent inevitability of climate change requires us to change our ways of sourcing, procurement, production, and distribution of products and services.
Top Trends in Supply Chain Sustainability
October 30, 2023 | Supply Chain Strategy read
Sustainability has transformed from a buzzword to a mission-critical imperative.
As the world grapples with environmental and social challenges, organizations are reimagining their supply chains to drive sustainability. For procurement and supply chain professionals, staying ahead of the curve is essential.
Mapping & Reducing Scope 3 Emissions: A Quickstart Guide for Procurement Pros
As organizations target net-zero carbon emissions, a major challenge is addressing scope 3 emissions. This paper focuses on how to calculate scope 3 emissions and procurement’s role in developing a viable action plan with suppliers.
How Companies Can Baseline Their Scope 3 Emissions
October 16, 2023 | Supply Chain Strategy read
There are wide gaps between what businesses hope to achieve as part of their environmental responsibility and what is happening on the ground today. A lot of this is because these organizations are failing to collaborate effectively with their supply chain.
While many have committed to achieving net-zero emissions, businesses tend to falter at the first step of measuring their emissions, especially emissions that originate from third-party entities in their supply chains, such as suppliers or suppliers’ value chain.
How to Implement a Sustainable Procurement Strategy
October 16, 2023 | Procurement Strategy read
Amid growing environmental and climate change concerns, sustainability has become a hot topic of debate among business leaders. The objective is not merely to meet increasingly stringent regulations and reporting requirements but to pursue responsible business practices and create a robust, future-proof ecosystem.
The State of Supply Chain Sustainability 2023
The state of supply chain sustainability, and how to drive it forward
3 Strategies to Overcome ESG Reporting Challenges in Europe
October 03, 2023 | Risk Management read
The importance of environmental, social and governance (ESG) factors has grown exponentially.
Investors, customers and various stakeholders are actively seeking transparency in ESG achievements.
With the European Union (EU) introducing the Corporate Social Responsibility Disclosure (CSRD) and the Corporate Sustainability Due Diligence Directive (CSDDD), the shift towards responsible business practices is evident.
ESG Excellence: A Road Map for BFSI Companies
September 29, 2023 | Risk Management read
In a rapidly changing business climate, environmental, social, and governance (ESG) goals have become imperative for business success and sustainability.
Financial services companies, with their special position in the global economy, have a key role to play in embracing these goals.
In this blog post, we examine how banking, financial services and insurance companies can do a compelling job of meeting ESG goals by focusing on three pillars: addressing supply chain emissions, promoting supplier diversity, and implementing effective governance.