Policies to reduce emissions are ramping up the pressure on supply chains, one of the largest contributors to corporations’ environmental footprint and a major contributor to greenhouse gas (GHG) emissions. Supply chains are under scrutiny, with regulations only set to become stricter over the years to come.
How to improve the sustainability of your supply chain
First, you’ll need to gain clear insight into the sources of GHG emissions throughout your supply chain. You’ll then want to focus on creating a framework for supplier engagement and responsible procurement practices.
Setting ambitious goals, with science-based targets that fully comply with mandatory reporting, is a first step. Integrate sustainability requirements at every single stage of your supply chain. Be sure to base them on government regulation, and aim to achieve cost-reductions through innovation at the same time.
This will require a holistic approach and a concrete roadmap, involving everyone from third-party suppliers to procurement officers and product designers. This allows you to make an impact even in the earliest stages of your product development process.
A comprehensive analysis of the product’s entire ecosystem is needed, to collect the relevant data and layout a roadmap towards a better, more environmentally friendly supply chain.
Check out Greenfish’ recent whitepaper on supply chain resilience
