The Supply Chain Sustainability (SCS) report published by MIT and sponsored in part by KPMG is the second annual global survey of its kind, and it echoes many of the perceptions KPMG has analyzed, based on years of client interactions.
The report’s authors had expected COVID-19 might dampen companies’ enthusiasm for investing in SCS, but the latest survey shows the opposite occurred.
Far from diverting attention from sustainability goals, the pandemic has accelerated the movement of companies along a road toward greater transparency and more accountability.
Eighty-two percent of respondents said their firm’s commitment to SCS had either increased or stayed the same since the start of the pandemic. Interest in human rights protection, workers’ welfare and renewable energy increased significantly over the past year.
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