Supply chain News and trends

With regulators, investors and customers demanding cleaner business processes, companies understand the need to improve, but can find it daunting to start measuring all the ways they emit carbon. Organizations must understand Scope 1, 2 & 3 emissions, address ESG issues (environmental, social, governance) and get to grips with terms like “carbon-neutral” or “net-zero” and how they apply to their business operations and strategic objectives.

Via EcoVadis

Walgreens Boots Alliance (WBA) has published its 2021 Environmental, Social and Governance (ESG) Report, which includes the company’s plans for advancing its sustainability agenda.
 
The company continues to strive to meet its customers’ expectations for responsibly sourced products that contribute to a healthy planet and community wellbeing. For example, WBA committed to reducing its carbon emissions by 30 percent by 2030 compared with 2019.
 
Packaging is also a large part of WBA’s sustainability agenda.

Via EcoVadis

As momentum builds around embarking on a net-zero pathway, advanced technologies can serve to leverage operational benefits across every aspect of the energy value chain, explains Damien McDade, Vice President Pacific at AVEVA.

As global resolve begins to coalesce around the energy transition, 2022 will mark a turning point for industrial enterprises. At the recent COP26 summit, governments and private-sector companies around the world pledged to work towards keeping planetary warming to 1.5°C, and to support net-zero carbon emissions by 2050.

Now comes the difficult challenge of taking action to make good on those promises, while complying with stricter Environmental, Social, and Governance (ESG) regulations.

Businesses in mature industries such as oil and gas, mining and metals, and power generation and chemicals will need to address new business imperatives if they are to build an alternative, sustainable energy landscape while maintaining current operations continuity.

Via EcoVadis

Strong financial outcomes and sustainability focused leadership is required for long term impact, according to a new report from IDC.

In the document, IDC FutureScape: Worldwide Sustainability 2022 Predictions - APEJ Implications, IDC has identified the top 10 predictions for environmental, social, and (corporate) governance (ESG) in 2022 and beyond.

The report provides organisations with context and underlying drivers for IT investments supporting ESG initiatives for the predictions.

According to IDC, the last two years have seen significant debate and mixed results in the area of climate change. The world has experienced a brief reprieve in emissions due to lockdowns in early 2020. However, emissions increased beyond pre-pandemic levels in 2021.

The UN Climate Change Conference (COP26) has amplified the climate change plan. Even so, critics question whether the agreements articulated are enough.

In the Asia/Pacific region, the drivers that result in concrete sustainability outcomes are still primarily financial, the analysts state.

Via EcoVadis