The pressure is on to strengthen environmental, social, and governance (ESG) performance. ESG factors influence a multitude of critical decisions – from where people invest to where they work. Indeed, 42 percent of consumers say they will only buy from brands that align with their values.
Maybe you have taken steps to integrate ESG into operations, but what’s next? Given that two-thirds of the average company’s ESG footprint lies with its suppliers and nearly 90% of greenhouse-gas emissions come from a company’s supply chain, the answer is simple: your third parties. Even small, incremental improvements on environmental and social factors within the supply chain can significantly improve your overall ESG performance.
Read on for four ESG supply-chain considerations for every risk and sourcing leader who wants to proactively improve ESG performance.
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