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Eight reasons for a more sustainable supply chain

Eight reasons for a more sustainable supply chain

James Harrison
Eight reasons for a more sustainable supply chain

Many organisations are making changes to increase sustainability in their supply chain. Why? Because the supply chain offers a clear roadmap for creating measurable impact and driving real improvements. To mark #WorldEnvironmentDay, here are eight reasons why a sustainable supply chain should be a strategic priority for every business.

62% of businesses and customers want companies to take action on sustainability
According to Accenture, 62% of businesses and customers want companies to take action on sustainability (Accenture).
72% of global companies now include or refer to UN Global Compact’s Sustainable Development Goals in their annual corporate and sustainability reports
72% of global companies now include or refer to UN Global Compact’s Sustainable Development Goals in their annual corporate and sustainability reports (PwC).
Organisations with mature sustainable procurement programmes report cost savings of 35%.
Our sustainability rating partner, EcoVadis, reports that organisations with mature sustainable procurement programmes report cost savings of 35%.
Enhanced sustainable supply chain practices can reduce supply chain costs by up to 16%
Enhanced sustainable supply chain practices can reduce supply chain costs by up to 16% according to research by World Economic Forum (WeForum/Accenture).
Businesses could face $1 trillion in costs due to climate change unless they take proactive steps to mitigate the risk and prepare for the effects
According to global environmental reporting charity CDP, businesses could face $1 trillion in costs due to climate change unless they take proactive steps to mitigate the risk and prepare for the effects.
Proactive management of the extended enterprise and supply chain risk can boost the bottom line by 3%.
Deloitte reports that proactive management of the extended enterprise and supply chain risk can boost the bottom line by 3%.
The most successful companies see sustainability as a key strategic and tactical advantage

The most successful companies see sustainability as a key strategic and tactical advantage in Corporate Knights 100 Most Sustainable Corporations 2020 report.

29% of sustainable procurement leaders report that their sustainability programmes foster innovation

According to sustainability rating provider, EcoVadis, almost a third of sustainable procurement leaders report that their sustainability programmes foster innovation.

Sustainability is a key driver and strategic priority for the smart business today. Read how we’re driving sustainability, agility and resilience in our supply chain at Westcon-Comstor in Kevin Bzrezinski’s latest blog.

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