Environmental, Social, and Corporate Governance (ESG) has become top a top priority for consumers, investors, and regulators alike. Companies that center sustainability in their business strategy can gain a competitive advantage in the market, increase resilience, and shelter themselves against disruptions. However, to address sustainability in a meaningful way, businesses need visibility and insight into their multi-tiered supply chains, where the greatest environmental and social impacts are found.
Given the complexity of today’s supplier networks, building a sustainable supply chain can feel like a daunting task. Yet without a strategy to track, monitor, and improve supplier sustainability performance, businesses cannot fully manage their ESG risks.