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With over 20,000 companies representing over half of global marketing capitalisation disclosing emissions or Task Force on Climate-related Financial Disclosures (TCFD) -aligned environmental data there is ‘downward pressure’ on business-to-business (B2B) supply chains for all companies to have a clear sustainability plan.
In 2022 there was an 87% increase in companies setting science-based targets (SBTi).
The second highest number of companies was in the UK.
The materials industry experienced the greatest growth with a 160% increase.
It will become essential to have a clear answer to clients so where do you start, and what do you say to your B2B customers?
So, where do you start?
We will provide an overview how to consider sustainability across four main pillars:
– Environment (e.g. carbon emissions and waste)
– Labour and Human Rights (Social) – the too often forgotten ‘S’ in ESG
– Ethics
– Sustainable Procurement
How do you baseline where you are today and communicate realistic plans and objectives?
What are the pros and cons of certification frameworks?
How to avoid greenwashing but also greenhushing?
Practical and pragmatic considerations on how you answer the Request for Proposal (RFP) question: “Please provide a summary of your companies sustainability commitments and progress”
Opportunity for Q&A. Discussion will be encouraged.
James is a strategic Consultant and Speak (Business Growth, Supply Chain and Sustainability) with over twenty years’ experience in supply chain technology and automation and alumnus of University of Cambridge’s Institute for Sustainability Leadership (CISL).
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