A conversation with corporate thought leaders about the growing awareness of the need for a vigorous supply-chain risk-management effort, and how they're working to achieve that goal.
The IMO has launched Glomeep.imo.org, a website with information about energy-efficient technologies - covering areas such as machinery, propulsion systems, hull improvements and energy recovery.
When it comes to assessing the impact of business practices on the environment, the bar is being raised. Mere sustainability is no longer enough: now it's all about becoming "net positive."
There isn't a single person in the plastics industry who hasn't been regularly bombarded with concerns from all sides about the environmental costs of plastic production and use. But a new study takes some of the sting out, finding the environmental cost of using plastics in consumer goods and packaging is nearly four times less than replacing plastics with alternative materials.
Over the years, retailers have become very good at the supply chain - the process of getting goods from the manufacturing plant to the customer. But today, many retailers face a different challenge: taking those goods back, a process referred to as the "reverse supply chain."
While diesel engines remain the norm in shipping, competitors like LNG are becoming both more feasible and more available. Part of the reason is the rapid expansion of Sulfur Emission Control Areas (SECAs) across North America and Europe. So the critical question becomes: Does "green" propulsion allow the merging of economic efficiency with environmental benefits, or is it just another compliance cost for the shipping trade?
Corporate sustainability disclosure and reporting is now the norm for large-cap companies in the U.S., according to a Governance & Accountability Institute report.
There's one qualification - and I would go so far as to say that it's the defining qualification for today's supply chain leaders - that separates the highest performers from the herd. And that's courage.
The latest news, analysis, trends and solutions for sustainability and corporate social responsibility (CSR) and their impact on supply chain management. New customer expectations for green and ethical products and practices are transforming the way companies do business — and requiring more supply chain transparency than ever before. As solutions continue to evolve, businesses are discovering new ways to increase efficiency and cut costs. Learn how companies around the world are leveraging sustainability and CSR to stay ahead of the competition in their industries.
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