A new report from #Supplier.io, shows that most businesses face significant ESG risks, emphasizing the need for greater supply chain transparency to enhance resilience and sustainability. “#Supplier intelligence is critical as increasing evidence shows that ESG risks directly impact the bottom line," said #Aylin Basom, CEO of Supplier.io., in a statement. "Without clear visibility into supplier practices, businesses are exposed to significant reputational, operational, and financial threats. Our report highlights the tangible risks of environmental issues, poor working conditions, and inadequate supply chain management. By shining a light on these pervasive issues, Supplier.io provides critical insights and empowers organizations to understand and benchmark areas of supply chain risk, strengthen mitigation strategies, and make progress towards improved supply chain resilience.” The report based on ESG risk assessment data spanning 11 industries, analyzed the data against sector relevant UN’s Sustainable Development Goals (SDGs) targets, while aligning with important materiality standards like the Global Reporting Initiative (#GRI) and Sustainability Accounting Standards Board (#SASB) to ensure objectivity and comparability. Supplier.io Blog – How best to drive Inventory Turns and Overall Supply Chain Optimization - https://lnkd.in/eznCcztw
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Supplier intelligence is critical as increasing evidence shows that ESG risks directly impact the bottom line," said Aylin Basom, CEO of in a statement. "Without clear visibility into supplier practices, businesses are exposed to significant reputational, operational, and financial threats. Our report highlights the tangible risks of environmental issues, poor working conditions, and inadequate supply chain management. #chemicallogistics #chemicalindustry #chemicaldistribution https://lnkd.in/dH3SFJJK
Critical Role of Supply Chain Management in Corporate Sustainability
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A new report from Supplier.io, shows that most businesses face significant ESG risks, emphasizing the need for greater supply chain transparency to enhance resilience and sustainability. “Supplier intelligence is critical as increasing evidence shows that ESG risks directly impact the bottom line," said Aylin Basom, CEO of Supplier.io., in a statement. "Without clear visibility into supplier practices, businesses are exposed to significant reputational, operational, and financial threats. Our report highlights the tangible risks of environmental issues, poor working conditions, and inadequate supply chain management. By shining a light on these pervasive issues, Supplier.io provides critical insights and empowers organizations to understand and benchmark areas of supply chain risk, strengthen mitigation strategies, and make progress towards improved supply chain resilience.” #critical #role #scm #supplychainmanagement #sustainability #innovation
Critical Role of Supply Chain Management in Corporate Sustainability
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We’ve identified five key #SubTierRisks that can threaten compliance and jeopardize your organization’s ability to operate. These include: ▪ Material shortages and capacity constraints ▪ Unpredictable disruptions in the operating environment ▪ Increasingly complex supply bases ▪ New ESG regulations ▪ Unprecedented demand shifts Each of these challenges can significantly impact your supply chain, and without proper visibility and tools, they are difficult to manage. Check out the full strategic white paper for an in-depth analysis of these risks and how to address them: https://lnkd.in/eC4Nc_UP #MovingAsOne
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The pressure is on for businesses to go green! Sustainability is no longer a fad, it's a strategic advantage. From cost reduction and brand reputation to regulatory compliance and risk management, building a sustainable supply chain offers a win-win for businesses and the planet. Partnering with responsible suppliers, sourcing ethically, and implementing lean practices all contribute to a greener future. Ready to join the movement? #SustainableSupplyChain #SustainabilityMatters #EcoFriendlyBusiness #CircularEconomy #GreenLogistics #EthicalSourcing #ResponsibleManufacturing #RenewableEnergy #WasteReduction #ResourceConservation #ClimateChangeAction #SustainableInnovation #FutureProofYourBusiness #ESGInvesting #ConsciousConsumerism #TransparencyInBusiness #EthicalLaborPractices #SociallyResponsibleBusiness #SupplyChainManagement #LeanManufacturing #GreenRevolution #SustainableLiving #EmpoweringChange #BusinessForGood #FutureOfBusiness #TheGreenShift
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🌍 What is a Sustainable Supply Chain and Why Is It So Important? A sustainable supply chain is the foundation of modern management, integrating environmental, social, and governance (ESG) responsibility. Companies must ensure that every stage – from raw material sourcing to lower-tier suppliers – meets sustainability standards. 💡 Why does it matter? ✅ Environmental Responsibility: Reducing CO₂ emissions and conserving resources. ✅ Social Responsibility: Protecting workers' rights and upholding ethical practices. ✅ Risk Management: Early risk identification and regulatory compliance. #DEKRA supports companies in building sustainable supply chains, monitoring suppliers, and managing risks. Stay ahead of regulations and the competition! 👉 Learn more: https://lnkd.in/dxEK-Vrj #SCRM #SupplyChain #SupplyChainManagement #Logistics #ESG
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Elevate Your Supply Chain with #TÜVRheinland's Expertise In today's interconnected world, a sustainable supply chain is not just an asset—it's a necessity. At TÜV Rheinland, we understand the critical role suppliers play in your business's sustainability journey. We're excited to offer our Supplier Sustainability Performance Assessment - a service designed to help you ensure that your suppliers meet the highest standards of environmental, social, and governance (#ESG) practices. Why choose our service? ✅ Comprehensive Assessment: Dive deep into your suppliers' sustainability practices with our thorough evaluation process. ✅ Risk Management: Identify potential risks and areas for improvement to maintain a resilient and responsible supply chain. ✅ Competitive Advantage: Enhance your brand reputation by demonstrating a commitment to sustainable operations. Our expert team is committed to helping you achieve transparency and excellence in every link of your supply chain. Learn more about how we can support your sustainability goals here: http://tuv.li/1ksE Transform your supply chain into a beacon of sustainability with TÜV Rheinland. #Sustainability #SupplyChainExcellence #ESG #TÜVRheinland #SupplierAssessment #RiskManagement #SustainableBusiness
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🌍 The Power of a Sustainable Supply Chain Sustainability in supply chains goes beyond compliance—it’s about creating long-term value for businesses and communities. ✅ Reduce environmental impact. ✅ Uphold ethical and social standards. ✅ Mitigate risks and ensure resilience. At DEKRA, we partner with businesses to build responsible and future-ready supply chains. Let’s shape a sustainable tomorrow. #Sustainability #SupplyChainManagement #ESG #FutureFocused
🌍 What is a Sustainable Supply Chain and Why Is It So Important? A sustainable supply chain is the foundation of modern management, integrating environmental, social, and governance (ESG) responsibility. Companies must ensure that every stage – from raw material sourcing to lower-tier suppliers – meets sustainability standards. 💡 Why does it matter? ✅ Environmental Responsibility: Reducing CO₂ emissions and conserving resources. ✅ Social Responsibility: Protecting workers' rights and upholding ethical practices. ✅ Risk Management: Early risk identification and regulatory compliance. #DEKRA supports companies in building sustainable supply chains, monitoring suppliers, and managing risks. Stay ahead of regulations and the competition! 👉 Learn more: https://lnkd.in/dxEK-Vrj #SCRM #SupplyChain #SupplyChainManagement #Logistics #ESG
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🌟 Exploring the Critical Role of Sustainability Ratings in Supply Chain Risk Assessment 🌟 In today's interconnected world, assessing supply chain risks goes beyond traditional metrics. Sustainability ratings have emerged as indispensable tools in this realm, offering a comprehensive lens into environmental, social, and ethical practices of suppliers. Let's explore their critical role: ⚡ Environmental Risks: From resource scarcity to climate-related disruptions, sustainability ratings evaluate factors that impact our planet. 💼 Social Risks: Labor practices, human rights violations, and community relations can pose significant risks to operational continuity and brand reputation. 🔍 Ethical Risks: Transparency and responsible sourcing are paramount in today's business landscape. 💡 Platforms: Various platforms offer sustainability ratings tailored to different industries. For instance, EcoVadis assesses environmental, social, and ethical factors, while CDP focuses on carbon emissions and water usage. GRESB evaluates real estate and infrastructure portfolios for ESG performance. By integrating sustainability ratings into risk assessment, organizations can: 💰 Mitigate Financial Implications: Identify and address sustainability-related financial risks. 🔖 Protect Brand Reputation: Ensure brand integrity and trust among consumers and stakeholders. 🔗 Drive Long-term Value: Foster innovation, resilience, and sustainability across the supply chain. Let's harness the power of sustainability ratings to drive positive change and create a more sustainable future together! 💼🌱 #Sustainability #SupplyChainRisk #BusinessEthics 🌍
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With reporting deadlines fast approaching, now is the time to ensure your supply chain is fully prepared for #CSRD Need help on the way? We’ve got you. Watch our free webinar, where our experts guide you through key steps to align with CSRD standards. ✅ Gain actionable insights, overcome common challenges, and set your business up for success. Whether you're a sustainability professional, supply chain manager, or involved in corporate reporting, this webinar will equip you and your team with the tools you need to stay ahead of CSRD regulations. 🎥 Get the webinar on-demand now: https://lnkd.in/dZdzCKTB #supplychain #reportingseason
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🌍 Unlocking Hidden Risks in Global Supply Chains 🌍 The urgency for visibility into human rights and environmental risks across supply chains is intensifying. Businesses today must go beyond Tier 1, identifying hidden risks among their suppliers, to foster a truly responsible sourcing approach. But how can this be achieved? Join us on Thursday, November 21, as we dive deep into ESG risk trends shaping the future of global sourcing. In this exclusive webinar, we’ll share insights from EiQ, our supply chain due diligence platform, which integrates over 25,000 onsite audits annually with civil society research to bring you actionable ESG risk ratings. 🔍 Key Takeaways: The latest risk drivers in major sourcing regions, from forced labor and health and safety to carbon emissions. Emerging red flags in countries and regions critical to your supply chain. How data-driven strategies and analytics can fortify your responsible sourcing practices. Two Sessions: Session 1: 08:00 GMT | Session 2: 15:00 GMT 🎤 Featuring: JP Stevenson, Head of Market Development Secure your spot now to gain the insights and tools needed to build a resilient, risk-aware supply chain. #SupplyChain #ESG #ResponsibleSourcing #EiQ #RiskManagement #HumanRights #Sustainability #Webinar register here - https://lnkd.in/gKAWggPC
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