The reach and influence of major companies is vital for influencing suppliers, from setting standards and requiring disclosure, to rewarding sustainable suppliers and deselecting those with poor environmental practices. Supplier engagement on sustainability often rewards with reduced costs for the company and a loyal customer for the supplier.
This article refers to the Starbucks C.A.F.E. Practices supply chain program. It insists on the need to provide ressources to ensure ongoing monitoring of supplier certification programs, simplification of assessments with critical indicators, and engagement.
WWF and H&M have entered into a three-year partnership to develop a global water strategy that will be implemented across the fashion retailer’s 48 national markets and 750 direct suppliers. During 2012, WWF and H&M performed a comprehensive evaluation of all H&M's efforts and challenges in connection with water ...
In new research, 71% of supply chain professionals indicated sustainability staff had a good understanding of supply chain goals, but only 42% thought their supply chain peers understood sustainability goals. This is partly due to lack of common goals and governance; for example, supply chain often relies on auditing to ensure compliance, while sustainability improvement is best achieved through supplier engagement and development. The report recommends supply chain executives integrating sustainability into their operations should focus on metrics definition and alignment, focus on capacity building, and actively network with other thought leaders.
What is Corporate Social Responsibility (CSR)? This video clip tries to give competent but also entertaining answers to this question. The video is part of series "in a little green bag" at the University of St.Gallen, Switzerland.
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