2022 CEO and Senior Business Executive Survey by Gartner indicates that "environmental sustainability has become a top 10 business priority for the first time ever, with 9% of respondents naming it as one of their top three priorities." Also, "Emissions from supply chains are 11.4x greater than operational emissions." This begs the question: How can we address these pressing challenges and transform them into opportunities?
According to Gartner®, "To simultaneously solve sustainability challenges and digitally transform the supply chain, chief supply chain officers should integrate sustainability into operating activities to meet the business’s demands, while reducing their environmental footprints".
In this context, Gartner® Analyst Kevin Lawrence proposes 3 pivotal strategies:
- "Drive progress toward sustainability goals by supporting collaboration within and across teams with dedicated sustainability-focused supply chain roles."
- "Insert sustainability in portfolio investment evaluations by adding sustainability to the decision-making framework."
- "Expand the utilization and value of sustainability data by leveraging it in supply chain operations.
We believe that this Gartner® report elaborates on how these integration strategies can become an essential part of key supply chain functions. It highlights the potential of a center-led COE model in driving sustainability efforts aligned with company targets and promoting best practices.
Embark on your sustainability journey now! Download the Gartner® report 3 Strategies to Integrate Sustainability Into Supply Chain Operating Activities" today.
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Gartner®, 3 Strategies to Integrate Sustainability Into Supply Chain Operating Activities, Kevin Lawrence, 10 January 2024
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* Transparency to Transformation: A Chain Reaction — CDP Global Supply Chain Report 2020, CDP