Working together for Sustainable Supply Chain Impact . Copyright © 2020. This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. There is a growing need for integrating environmentally sound choices into supply-chain management. Our total supplier base spans across Canada in all 10 provinces as well as the Northwest Territories and Yukon. Full report … Setting Standards for Our Suppliers. Steps to Supply Chain Sustainability Supply chain sustainability is increasingly recognized as a key component of corporate responsibility. Up first, is Apple. There are also regulatory and compliance reasons to focus on supply chain sustainability. This publication is the “ministerial version” of the advisory report… Leveraging supply chain finance mechanisms to incentivize sustainable behaviors in global supply chains is an opportunity for businesses and for sustainability We are committed to providing our customers and other … For many, professionals and executives alike see sustainability more commonly as a part of supply chain duties. These insights included: the presence and makeup of publicly stated goals, the depth of investment across issues area, key practices in place to manage sustainability, and what sustainability means for the supply chain professional. How do companies reap the rewards of improved corporate reputation, strengthened customer relationships, and improved corporate morale? Supply Chain A sustainable supply chain is created by integrating social, ethical and environmental performance factors into the process of supplier selection, production and deliveries to customers. We use the following measures to consistently implement and enforce our sustainability requirements within the supply chain: Our sustainability requirements are put into practice across the entire Model Group and expanded to also cover the procurement of additives. Typically, sustainability initiatives include identifying the source of raw materials, ensuring good conditions for workers and reducing the carbon footprint. Sustainable supply chain management plays a vital role in safeguarding human and labor rights, as well as protecting the health and safety of workers. ̥ Triple bottom line supply chain sustainability, or TBL, is a measure of sustainability that includes social, environmental and financial performance measures—people, planet and profit—and helps ensure that there is a long- Sustainable supply chain enables an understanding of customer, suppliers, and shareholder expectations creating maximum return on the investments of the company. There are also regulatory and compliance reasons to focus on supply chain sustainability. The pressure to drive supply chain sustainability is diffuse across many sources, and contrary to accepted wisdom, it is being exerted by a diversity of stakeholders—not just campaigners like non-governmental organizations (NGOs). Supply Chain Digital takes a closer look at the companies featured in September’s top ten largest sustainable supply chains worldwide. Examining the opportunities to protect people, planet and profits through sustainable action—and the barriers holding supply chain stakeholders back. The role of the supply chain professional in sustainability is clear. This report is a result of collaboration between HSBC and The Sustainability Consortium to help companies understand why climate change risks should be addressed within a supply chain risk management program and discuss the options that companies have to create greater supply chain resilience. to 2019 indicate that systemic challenges remain to improve supply chain transparency. Futureproof Policy for International RBC . Making the leap to circular fashion highlights that mass … Through our direct efforts and partnerships, Microsoft Devices sustainability performance progressed in FY20 in the areas of human rights, environment, environmental health and safety, and ethics. ̥ Successful supply chain sustainability requires good supply chain strategy and the capability to implement it. The supply chain organization is well-positioned to help the enterprise balance its profitability and purpose goals as it shifts to supply chain sustainability. Supply chain sustainability delivers business value: It reduces costs, spurs productivity and in some cases drives returns. Sustainability concept and its relationship with supply chain management The concept of sustainability is designed around there elements, environmental, social and economic development. To the Minister for Foreign Trade and Development Cooperation . Download the State of Supply Chain Sustainability 2020 report. What are Sustainable Supply Chains? Sustainable Supply Chain Management (SSCM) is … This report is a result of collaboration between HSBC and The Sustainability Consortium to help companies understand why climate change risks should be addressed within a supply chain risk … ** The report is first available to MIT CTL and CSCMP members. “Supply chain sustainability” is the management of environmental, social and economic impacts, and the encouragement of good governance practices, throughout the lifecycles of goods and services. With around 2,400 people, we … Supply Chain Digital takes a closer look at the companies featured in September’s top ten largest sustainable supply chains worldwide. Web page addresses and e-mail addresses turn into links automatically. Registered in England and Wales. How are CPG brands tackling sustainability? Consumers indicate a desire to support sustainable brands, but how much more will they realistically spend? Introducing the Sustainable Packaging Toolkit, Sustainability and climate change: Part of the bigger picture – podcast. Sustainable Procurement Looking Forward According to our Sustainable Procurement Policy, SABIC operations must procure materials and services from suppliers that meet legal, ethical, and fair practices in line with the SABIC Supplier Code of Conduct. Use the Alt or Command key to select multiple topics, or de-select topics, Use the Alt or Command key to select multiple categories, or de-select categories, MIT Center for Transportation & Logistics and Council of Supply Chain Management Professionals, State of Supply Chain Sustainability Report 2020, Computational and Visual Education (CAVE) Lab, New England University Transportation Center, Learn more about the MIT Sustainable Supply Chain Initiative, State_Supply_Chain_Sustainability_MIT_CTL_CSCMP_0.pdf. We believe that this approach will underpin a report that meets demands for information on supply chain sustainability that are not being met by current past research in this area. 10 SUSTAINABILITY IN THE SUPPLY CHAIN SUSTAINABILITY IN THE SUPPLY CHAIN 11 Less documented is the impact this skills shortage has already had on public sector projects. To understand the situation and develop ideas for tackling it, we conducted a study of three supply networks. A sustainable supply chain creates a vision for the company providing direction of the company’s strategies and defining the company’s commitment to achieve competitive advantage. The UN Global Compact is the world’s largest sustainability initiative and EY has been a participant since 2009. The report covers the forecast and analysis of the Sustainable Supply Chain Finance Market on a global and regional level. With front-line laborers taking a brunt of the pressure for supply chain management during COVID-19, a poll in April 2020 showed that managers and executives alike see social sustainability as top of mind as we head into 2021. The supply chain organization is well-positioned to help the enterprise balance its profitability and purpose goals as it shifts to supply chain sustainability. To the Minister for Foreign Trade and Development Cooperation . 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