September 26, 2023 | Metals & Minerals read
The global mineral supply chain is concentrated in a few regions, with China dominating as the key supplier over the last three decades. In fact, China accounts for 85-90% of global rare earth element mine-to-metal refining, most of which are vital for clean energy transition.
August 30, 2023 | Market Intelligence read
Addressing climate change necessitates global solutions.
While the European Union (EU) scales up its climate goals, a potential issue of "carbon leakage" looms if less stringent climate regulations persist in non-EU countries.
Carbon leakage involves scenarios where EU-based companies relocate carbon-intensive manufacturing to countries with less rigorous climate policies than the EU, or when higher carbon imports replace EU products.
August 22, 2023 | Sourcing Strategy read
The process of sourcing new suppliers has changed amid a landscape increasingly shaped by environmental awareness and ethical considerations.
August 21, 2023 | Supply Chain Strategy read
Any business that’s looking to gain competitive advantage has a key priority today – becoming sustainable.
Existing customers, new customers, long-term investors and regulatory authorities – everyone wants to see a sustainability tag with your business.
Don’t forget potential employees. They will work for a business that is intent on becoming sustainable.
Clearly, the stakes are high.
Not surprisingly, most businesses across industries now have a well-organized sustainability program.
But is having a program enough?
August 14, 2023 | Supply Chain Strategy read
Earlier, controlling costs was one of the top priorities of supply chain leaders. However, in recent years, meeting environmental, social, and governance (ESG) targets has become equally important. Companies are facing increasing pressure from customers, shareholders, and regulators to do business in a more sustainable way.
Balancing these two priorities can be challenging, but it is imperative for companies that want to be successful in the long term.
Here are three important ways that supply chain leaders can balance cost optimization and ESG goals:
August 07, 2023 | Supply Chain Strategy read
As more and more new warehouses pop up to cater to the growing ecommerce business, their contribution to carbon emissions is also increasing. Warehousing activities are estimated to contribute up to 11% of the total greenhouse gas emissions of the logistics sector.
This also means companies are under pressure to reduce the environmental and social impact of warehousing activities and are looking to green and sustainable warehousing processes.