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Organic transparency of communication which is enabled by digitisation is key. There is a paradigm shift in b2b communication happening and the positive externalities which it is bringing in terms of traceability, auditability, and better governance are deep.

Governments and businesses can better reach sustainability pledges through improved supply chain transparency. In a recent CSCMP's Supply Chain Quarterly article by Jack Macfarlane, consumer demands for companies to track their environmental footprints across their supply chains continue to rise. To meet these demands, businesses must have supply chain transparency upstream, downstream, and across all organizations. Here are some key takeaways on how government and business sectors can have a cleaner supply chain: 1. Qualified Supplier Selection: Research and contract third-party suppliers with higher ESG and strengthen supplier relationship management. 2. Sustainable Procurement Processes: Strategic sourcing to manage risks within supply chains from the outset. 3. Ongoing Monitoring & Management: AI and digital software to measure and improve procurement processes, data-gathering approaches, and spending. 4. Sustainability Goals: Set goals to continuously improve sustainability, lower production costs, and drive more revenue with a steady supply chain. According to EY, 43% of companies expect increased share prices, resulting from their supply chain sustainability efforts in the next 1-3 years.  A greener supply chain process is not only a better eco-friendly business practice, but it can be profitable too. We are the experts to turn to. #SupplyChain #SupplyChainManagement #GlobalBusiness #ProcurementLeaders #SupplyChainSolutions

Meeting Sustainability Goals brings the same challenges as any other performance goals. If they are developed and/or measured in a silo, then the environmental footprint across the supply chain will be sub-optimized. One partner may adjust their production run times and balance with offsets, but their unmetered pull on their supply stream and push down on the demand stream may require partners up and down the chain to increase their footprint to balance the changes. Pushing unrealistic deadlines onto suppliers may require them to break 60-hour work weeks or decrease their emission protections to increase throughput. Whether its velocity or sustainability (or likely a balance of the two), sustainability comes from working with your supply chain community to create win-win relationships. 

Join this webinar to learn more about the scope 3 community 🌳

Companies are under increasing pressure to meet #ESG goals alongside the standard need to maintain resiliency in a tough market, Supply Chain Management Review Magazine reports. Data-driven guidance from a strategic transportation management provider can be a big help when integrating #sustainability initiatives into larger business practices, allowing shippers to stay agile and meet emissions-reduction goals. https://bit.ly/3NuSHOr

Scope 3 - leading supply chain sustainability efforts? Heading responsible sourcing focusing on emissions on supply side? Do you have NetZero and other sustainability targets in place and in need of external inspiration and sparing? Consider to join our Scope 3 Community- listen in at the webinar on the 20th March and decide from there. Now with link. Look forward to see you. #responsiblesourcing #sustainablesupplychain #scope3

Building a robust and #sustainable supplier relationship management (SRM) strategy is the final pillar of #SustainableProcurement which involves engaging suppliers who share your commitment to sustainable practices, fostering a supply chain ecosystem that prioritizes environmental, social, and ethical consideration. In a recent POV, Capgemini delved deeper into this topic and shared quite a few interesting insights. Check it out here! https://bit.ly/3Jthjpr #ConnectedEnterprise

🚀 Most of our clients already have clear sustainability targets. However, the gap between intention and action persists, due to backward-looking ESG reporting and the inability to predict future impacts.   🌍 With appropriate resources, sustainable supply chain planning plays a crucial role in data-driven decision-making as it can integrate ESG factors into the equation, adding social and environmental impacts to shape demand and supply scenarios.   🍀 At EY, we offer methodologies and tools to empower supply chain planners to take the driver seat and guide operations along the client’s sustainable journey by optimizing Volume, Value and ESG dimensions.   Moreover, EY partners and co-innovates with numerous advanced planning software providers to support our clients to steer their operations towards more resilient and sustainable future.   📢 Do you want to know more? Let’s get in touch!   #BetterWorkingWorld #SustainablePlanning #SupplyChain #CircularEconomy #ESG https://lnkd.in/deYnnfH8

A great topic that is top of mind for many of our clients. Don’t hesitate to register! #deloitte #deloitteconsulting #scope3 #scope3emissions #procurement #procurementtransformation #sustainabilty #esg #esgexcellence

🌟 Join our Supply Chain Webinar about Supplier Collaboration and ESG 🌟 Dive into the world of supply chain management with my skilled colleagues in Supply Chain & Operations. We'll explore the critical role of supplier collaboration in achieving ESG goals. Your output: ✅ Insightful strategies for effective supplier engagement ✅ Best practices for integrating ESG into your supply chain 🔗 Register here: https://lnkd.in/emA88m93 Don't miss out on the opportunity to transform your supply chain for a sustainable future. #BetterWorkingWorld #SupplyChain #ESG