However, the increasing environmental, social and economic costs of these networks and growing consumer pressure for eco-friendly productshas led many organizations to look at supply chain sustainability as a new measure of profitable logistics managemen… The purpose of this event was to introduce the importance of sustainable supply chains to our employees all around the globe. Promoting Sustainable Procurement through Fair and Equitable Transactions. But cost efficiency and sustainability aren’t mutually exclusive. 2 Notes: 2 We interviewed more than 50 operations and supply chain leaders at global corporations, as well as our own and external experts in environmental sustainability. The UN Global Compact is the world’s largest sustainability initiative and EY has been a participant since 2009. We also interviewed 50 operations and supply chain leaders. The study, The state of sustainable supply chains, draws on business inputs across geographies, sectors and business models. Together for Sustainability (TfS) is a joint initiative of major chemical companies to assess and steer sustainability in the supply chain. Since 2005, Walmart has been collaborating with others to drive positive change across global supply chains. Key success factors to implement strategic SCM • There is a strong business case for developing sustainable ways of working throughout a company and its supply chain: saving resources is … Supply Chain; Top 10 Performance Indicators for Sustainable Companies. Resilient, sustainable supply chains offer a competitive advantage, but they require that companies have clear visibility throughout the chain and the ability to trace both inputs and outputs. Sustainable companies encourage their supply chains to adopt sustainable strategies (83% vs. 20% for traditional companies). By working together and openly speaking about the challenges and potential solutions, it can help eliminate areas that are negatively impacting the sustainability of the chain, such as waste or poor … The companies leading the sustainability revolution in dairy today are focused on the full supply chain, including sustainable packaging solutions, ensuring balance of natural resources in production and processing, providing transparency in ingredient sourcing, maintaining the highest standards in animal … CCaSS and Advisory Supply Chain and Operations professionals interviewed 70 clients globally to explore how they are embedding sustainability in their … Sustainability in the supply chain: both a challenge and an opportunity. Despite this importance, there is currently no comprehensive, empirically grounded understanding of how companies address sustainability in their supply chains. Graduates go on to disseminate sustainable best practices, benefiting their communities and strengthening companies’ supply chains. With some previous experience in supply chain sustainability, I … Walmart, IKEA and H&M have moved toward more sustainable retailing, largely by leading collaboration across their supply chains to reduce waste, increase resource productivity and optimize material usage. Our sustainability efforts prioritize people and the planet by aiming to source responsibly, sell sustainable products, protect and restore natural resources and reduce waste and emissions. Supply chains are critical links that connect an organization’s inputs to its outputs. 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