May 17, 2023 | Operations
Rapid advancement of technology has given rise to a significant environmental challenge: electronic waste (e-waste).
Sustainable e-waste management is essential to minimize the negative environmental and human health. It reduces the impact associated with improper disposal and encourages the responsible handling and recycling of electronic devices and components. It is critical for cutting emissions and creating a brand reputation through corporate social responsibility (CSR).
May 17, 2023 | Operations
ESG risk management has a crucial role to play in building sustainable supply chains. By effectively managing Environmental, Social and Governance (ESG) risks, businesses can proactively address sustainability challenges and create positive impacts on both the environment and society.
May 15, 2023 | Supply Chain Strategy
By gaining visibility across key areas in the supply chain, companies can meet their ESG targets and turn suppliers and consumers into allies for the greater good. Learn more in this GEP blog
May 15, 2023 | Supply Chain Strategy
As tighter regulations take effect across the globe, forward-thinking companies must identify, measure, track and reduce their supply chain emissions. Learn how in this blog
May 02, 2023 | Procurement Strategy
Corporate social responsibility is a business value of operating ethically and focusing on workforce well-being and the business’s carbon footprint. In the context of procurement, it is imbibing sustainable practices across the supply chain by collaborating with responsible suppliers, relying on alternative energy sources and sustainable materials and more.
Sustainable procurement is a significant pillar of CSR. It is one of the most significant ways businesses can meet their ESG goals.
April 28, 2023 | Procurement Strategy
Sustainable purchasing is to the acquisition of goods and services that consider environmental, social and economic factors throughout a product’s life cycle. Sustainable purchasing is more about evaluating goods and services in a broader context rather than costs, such as:
April 28, 2023 | Supply Chain Strategy
The environment, the society and the economy make up the core framework for understanding sustainability. The Brundtland report in 1987 was the first to discuss these as the three pillars of sustainability.
Together, these three intertwined forms of sustainability enable businesses to take proactive, solutions-oriented approaches to complicated supply chain and procurement processes.
April 26, 2023 | Supply Chain Strategy
For companies seeking to improve their sustainability performance, supply chain management is a crucial area where implementing environmental, social and governance (ESG) considerations can yield significant results.
However, achieving this goal requires a multifaceted approach encompassing risk evaluation and management, clear objective setting, engagement with supplier networks and progress tracking and analysis. These goals are met mostly with the help of technology, innovation and effective stakeholder communication.
April 24, 2023 | Supply Chain Strategy
The pressure on organizations to consider the environmental impact of their supply chain processes is increasing. Businesses are looking for ways to reduce their carbon emissions to comply with regulatory requirements and building a CSR reputation.
Adopting environmentally friendly measures like recycling, reducing wastage and purchasing sustainable goods is the key.
Here are some of the tips for effective carbon footprint reduction in the supply chain:
The recently passed Inflation Reduction Act (IRA) earmarked nearly $370B in climate and clean energy provisions. The IRA includes a $10B tax incentive program — the Advanced Energy Project Credit — for enterprises investing in decarbonization and other efforts to bolster climate change resilience.
