The 28th Conference of the Parties (COP28) has ushered in a new era in environmental accountability with transformative implications for the world of business, especially for procurement and...
Showing posts for: Industry Trends
Reflecting on Sustainability: Key Trends That Shaped 2023
As 2023 winds down, let's take a moment to reflect on the transformative trends in sustainability that have reshaped our approach to business and environmental stewardship. This past year has been a...
The Real ROI of Sustainability: Unveiling the Business Case
In a rapidly changing global landscape, companies can no longer afford to dismiss sustainability as just another trend. The growing focus on ESG (Environmental, Social, Governance), covering all...
Looking Beyond Direct Suppliers: Why Sustainability Matters in Your Company’s Indirect Spend
Indirect Spend Sustainability focuses on reducing the environmental, social, and economic impact of a company’s indirect spend activities, including logistics, office supplies, utilities, facilities...
What Does Supplier Collaboration Mean for Sustainability?
Today’s sustainability goals are significant; there’s no denying it. With governments worldwide coming together to combine forces and keep the rate of global warming below 1.5℃, all efforts turn to...
What To Do About Low Sustainability Performers
Globally, businesses are beginning to realize that there is an urgent need for quick, decisive, and meaningful corporate action when faced with the issue of sustainability. As companies act upon...
Supply Chain Mapping – Why and How?
In the wake of supply chain disruptions and global shortages, businesses are quickly recognizing the need for greater visibility over their supply network, from documenting the origin of material...
Beyond Annual Reports: Three Ways to Leverage Supplier Sustainability Information for Your Business
In recent years, companies have come under increasing scrutiny from customers, employees, investors, governments, and NGOs. What do they want? For companies to demonstrate environmental stewardship...
Creating Your Roadmap for Supplier Sustainability Improvement
For a business to meet its sustainability goals, it can’t look solely within its own four walls. To see truly impactful sustainability improvements in a company, suppliers need to be a top...
Summit ’21 – Five Key Learnings for your Supply Chain Sustainability Journey
On November 2nd - 3rd, SupplyShift held its third annual Summit, joining business leaders from across the world to share their knowledge, lessons learned, and best practices on tackling today’s...
Your Complete Guide to Supply Chain Sustainability
Today, a company’s public image can rapidly diminish if they fail to comply with the increasingly prevalent environmental, social, and governance (ESG) standards being put into place worldwide. One...
Tackling Plastics and Packaging in Supply Chains
Plastic waste has a staggering impact on our environment. Roughly 40% of all produced plastic is for single-use plastic packaging, and 5.25 trillion plastic and microplastic pieces float around in...
Advancing Diversity, Equity, and Inclusion in Your Supply Chain
The 2020 triad of health, economic, and racial justice crises has accelerated corporate thinking about diversity, equity, and inclusion (DEI). Today, whether through internal hiring initiatives,...
How to Set Corporate Goals for Supply Chain ESG
ESG takes top priority on a company's vision for the future. But what do corporate sustainability goals look like in practice? With mounting pressure from investors and consumers, corporate...
How Industry Group Collaboration Drives Sustainability Improvement
Traditionally, companies have fought for the highest market share, top ratings, and product innovation dominance without much regard for the social or environmental consequences. In many cases, this...
ESG in the Public and Private Market: Putting the Supply Chain in Focus
The recent uptick of sustainability bonds from global companies like Wells Fargo, Bank of America, and most recently Amazon sends a strong market signal that focus on corporate Environmental,...
Supply Chain Emissions 2021 – Key Takeaways from our Webinar
During our supply chain emissions webinar on May 19th, industry leaders from CDP, Engie Impact, and Philip Morris International came together to explore trends in Scope 3 emissions reporting and...
Why Sustainable Supply Chains?
In light of an increasingly strained global ecosystem, corporations, governments, and environmental scientists have revamped the drive for sustainability, honing in on the benefits of eco-friendly...
The Importance of Measuring Scope 3 Supply Chain Emissions and How to Get Started
The world has reached a crucial point in its effort to combat the climate crisis. Right now, businesses have a huge role to play in limiting the increase in average global temperature to below...
Active Vs. Passive Supplier Sustainability Assessments
In 2021, measuring supply chain sustainability is crucial. Ahead of the upcoming United Nations COP26, business leaders and organizations are facing more pressure than ever before to address...
Supplier Sustainability Assessment ─ Where Do I Start?
Sustainability is one of the fastest-growing priorities in the procurement profession today. Through the pandemic, the weak points in an already fractured global supply chain, increasing ocean...
Forced Labor in Cotton Supply Chains ─ Key Takeaways From Our Webinar
On April 21st, our webinar on forced labor in cotton supply chains brought together leaders from Responsible Sourcing Network and Fashion for Good to explore how industry-wide tools and supply chain...
Three Ways Procurement Can Drive Sustainability Through the Supply Chain
SupplyShift takes a look at three ways that supply chain professionals can drive sustainability through procurement practices. In 2021 and the decade ahead, it’d be safe to assume that consumers...
How to Prepare for a Transparent Supply Chain in 2021
2020 has been a defining year for transparent supply chains. When the pandemic hit, most people expected sustainability efforts to take a back-seat role. On the contrary, companies seem to be more...
The Emerging Shape of Recovery
The economic impacts of the COVID-19 coronavirus were swift. As countries around the globe responded with shutdowns, demand for some goods and services plummeted and skyrocketed for others....
Supply Chain Emissions: What Challenges Lie Ahead?
The supply chain is often cited as one of the areas where companies have significant challenges in managing and reducing emissions. For lots of businesses, most emissions lie within the supply...
Transparency is the First Step to Securing Global Supply Chains
The coronavirus pandemic has disrupted supply chains around the globe and brought intense scrutiny to management strategies. Manufacturing industries such as apparel, auto parts and semiconductors...
How Standardization Advances Supply Chain Responsibility
Imagine requesting a Q1 financial report from a vendor and receiving data for September through November. “What?” the vendor asks incredulously…“That’s our Q1.” Having a common framework and...
Blockchain for Responsible Sourcing – Where Does It Fit?
Blockchain is a revolutionary technology — without a doubt. The next-level security, transparency, and efficiency of blockchain technology will redefine many...
How Businesses Can Address Modern Slavery in Supply Chains
In 2015, the UK became the first major world economic power to pass legislation targeting modern slavery. The UK Modern Slavery Act requires companies with revenues greater than £36 million to issue...
The Sustainable CMO: 3 Values for Marketing Leadership
This article is an excerpt from our white paper, The Sustainable CMO: How sustainability is transforming the role of the CMO, written in collaboration with RF| BINDER and Possible. Click...
You Can’t ‘Contract Away’ Supply Chain Problems
There are many compelling reasons for international businesses to ensure that their global supply chains are free from ethically or environmentally questionable practices. Any company that's serious...
Responsible Sourcing as Part of Corporate Governance
Hello, my name is Alex, I’m the CEO of SupplyShift. Although we typically focus on supply-chain specific items of interest, I wanted to start this year with a broader look at the business...