Sustainability and ESG are all over the news and in every paper you read. If you ask a group of people what sustainability is, you will get various responses about what the objectives are, varying from carbon neutrality, to plastics, to green energy.
All are correct, yet none are the complete picture. To get an overview of what the global aim is for a sustainable world, it is probably best to use the United Nations Sustainable Development Goals. These are 17 goals that outline a pathway to a more sustainable future, each goal having numerous targets and papers within each.
Our supply chains fit into many of these, especially goals 8 (decent work and economic growth), 9 (industry innovation and infrastructure) and 12 (responsible consumption and production).
In the modern world, nearly all companies have an ESG policy and pathways to achieving the goals that they feel they can really impact upon.
What Part The Supply Chain Plays Within A Company’s ESG Program
Supply chains form a large basis of a company’s carbon footprint and fulfil the majority of a retailer’s purpose. It is therefore important that we get this right. Expenditure on supply chains is vast and those costs are rising with inflation and fuel prices. The biggest area we can target to get right within our supply chains is waste and inefficiency.
Every step of a supply chain is an opportunity for inaccuracy. From source to store, the multiple movements of stock and breakdowns for deliveries allow for areas of error. Warehouse management systems have grown in ability and tenacity but there is still room for error no matter what the system in use is.
If there are inaccuracies in a supply chain there are increased levels of waste, resources get diverted from other areas and profits get damaged. Profits that can be used to further a company’s wider ESG goals.
Our Supply Chain National Sales manager Matthew Benwell has provided insight on how accuracy and efficiency in your supply chain can play a huge part of your company’s ESG programme.
Matthew goes into detail highlighting the importance of Supply Chain management and how outsourcing can really contribute to your company’s wider ESG goals
Download the whitepaper using the link below to read on.
Whitepaper