SUSTAINABLE SUPPLY CHAINS
wide range of risks and possibly miss out on opportunities that may arise from tackling climate change .
Alf Barrios , Rio Tinto Chief Commercial Officer , said “ consumers want products that are sustainably sourced , and companies want products that help them meet their emissions and sustainability targets . Investors also seek ESG-based opportunities to deliver sustainable , longterm returns , further driving demand for responsibly produced materials . He added that many of the materials used in products today might not be preferred choices in the future unless they can establish their environmental , social , and governance ( ESG ) credentials .
Businesses can gauge their operational efficiency and sustainability by tracking greenhouse gas ( GHG ) emissions generated during operations and can monitor and report on their energy and sustainability performance . As companies will soon start tracking emissions to prepare for mandatory reporting , they need to understand their supply chain ’ s emissions of CO2 to work on reducing those emissions .
3 . Collaborate and adopt innovative technologies quickly Collaboration is also a key element in creating sustainable supply chains . Adebayo Adeleke , a supply chain management consultant and founder of Supply Chain
30 July 2023