New standards that enable all organisations to report on their economic, environmental and social impacts – and show how they contribute towards sustainable development – have been launched. Developed by the Global Sustainability Standards Board, the GRI Standards are based on years of expert input from a diverse group of stakeholders. They represent global best...Continue Reading
A mere handful of leading consumer goods companies and retailers have taken meaningful steps to sustainably source soft commodities such as paper or soy, a report claims. A study by WWF found only 14% of consumer goods companies had made measurable time-bound commitments to sustainably source palm oil, paper, soy, sugarcane or farmed fish according...Continue Reading
A report from World Economic Forum (WEF) says that firms that create responsible supply chains see a “triple supply chain advantage”, with increased revenue, reduced supply chain costs and a boost to their brand. Beyond Supply Chains identifies a set of 31 practices to promote socio-environmental and commercial advantages, which it calls a “blueprint for...Continue Reading
More than half of companies have sustainable purchasing policies, but just 15 per cent have staff dedicated to manage supply chain sustainability. A study of 430 companies found two thirds of firms define the factors of sustainability across the supply chain. According to the Sustainable Supply Chain Review 2014, which analysed sustainability reports from businesses...Continue Reading
Growing public concern for the environment and the potential to increase profits are driving companies to pay more attention to their ‘green’ footprint – not just in the products they manufacture, but also in the supply chain that carries them, says a report commissioned by DHL. Closing the loop – building the environmental supply chain...Continue Reading
Future business leaders have higher expectations of the role business should play in sustainability, according to a survey published today. The poll, by Coca-Cola Enterprises (CCE) with Cranfield University’s Doughty Centre for Corporate Responsibility and the Financial Times, shows a difference in attitude between the views of today’s chief executives and recent graduates of MBA...Continue Reading
