Optimizing Business Outcomes by Investing in Sustainable Supply Chains and Procurement

As worldviews and priorities shift - for investors, consumers, and governments - environmental consciousness and ethical responsibility have become imperatives for business success. Even amid economic uncertainties, geopolitical concerns, and inflationary pressures, companies must prioritize sustainability and their environmental, social and governance (ESG) goals. Companies need to reimagine their approach to sustainability. And their most powerful ally is procurement.

The past few years have seen procurement’s role transform from a tactical function focused on cost reduction to a strategic partner empowering organizations to become resilient, agile, eco-aware, and future ready.

Procurement is well-positioned to play a central role in driving sustainability initiatives and shaping an organization’s ecological footprint. By collaborating with suppliers and understanding their greenhouse gas emissions, procurement can bring a new level of transparency and visibility to Scope 3 emissions - a major contributor to carbon footprints.

Download the report to see insights as well as get guidance from senior executives of companies for sustainability practices.