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.
Companies are increasingly embedding sustainability resources into their supply chain organizations. The latest State of the Profession report from GreenBiz, which examines how the role of sustainability executives has evolved over the years, shows a growth in supply chain sustainability efforts.
"Greening" your company, via any number of means, obviously brings multiple benefits to the physical environment. But while going green may be the responsible thing to do, many companies shy away from these sustainability measures. The reason is their (common) misconception that the costs will outweigh any benefit, that there is no bottom-line value in environmentally responsible business practices. In fact, this belief may be false, because setting a green path can often improve your bottom line.
It wasn't exactly a cast of thousands. But when The Volvo Group set out to slash energy usage at its North American manufacturing plants, it called on a wealth of partners from both the private and public sectors for help.
Food loss and waste costs businesses billions of dollars each year and it generates about 8 percent of global greenhouse gas emissions, accounting for the carbon footprint of food produced and not eaten.
Desalination is typically an energy-intensive - and thus expensive - way to produce freshwater, which is one of the reasons it has been slow to take off as a widespread solution to water shortages.
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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