Skip to content
Tiatra, LLCTiatra, LLC
Tiatra, LLC
Information Technology Solutions for Washington, DC Government Agencies
  • Home
  • About Us
  • Services
    • IT Engineering and Support
    • Software Development
    • Information Assurance and Testing
    • Project and Program Management
  • Clients & Partners
  • Careers
  • News
  • Contact
 
  • Home
  • About Us
  • Services
    • IT Engineering and Support
    • Software Development
    • Information Assurance and Testing
    • Project and Program Management
  • Clients & Partners
  • Careers
  • News
  • Contact

4 Steps to Moving the Sustainability Needle on Your Value Chain

Sustainability and environmental, social, and governance (ESG) standards have been on most organizations’ radars for quite a while, yet these standards have not always been top of mind. Some organizations have viewed these efforts as being at odds with their bottom line. Today that is no longer the case.

Many of today’s buyers are partnering with organizations that are diligent about ESG standards, even if it means paying higher prices. Meanwhile, companies face compliance mandates posed by ever-increasing governmental sustainability regulations. In today’s economy, sustainability is not a luxury. In many cases, it is necessary for an organization’s success.

The business case for supply chain sustainability has grown over the past several years. According to findings from McKinsey, companies that excel in ESG see higher valuations and faster growth while costs fall as organizations zero in on reducing waste and streamlining operations.

Moving the sustainability needle, however, can be complicated. If you find the process daunting, you’re not alone. Some 90% of respondents to McKinsey’s survey have trouble determining the best course of action to make changes around ESG topics. In addition, nearly 70% of those surveyed said they weren’t quite sure what ESG targets to set.

There are, however, specific steps organizations can follow to start making their value chain more sustainable. ­First, start with a baseline of your current sustainability status, then figure out which key stakeholders will work together to draft a thorough sustainability plan. Once these details are established, you’ll be ready to take the following four steps:

  • Map your supply chain and reduce your number of suppliers. Start by reaching out to your suppliers and determining their biggest sustainability challenges. Ask suppliers for detailed reports on their ESG impact, or use external data sources such as ESG rating companies. Next, work to reduce your overall number of suppliers so that sustainability is easier to track. New initiatives and pilot projects can help you determine which new approaches and supplier relationships will be the most successful. Then, scale those across your organization.
  • Create a supplier code of conduct. Eliminate ambiguity with regards to supplier expectations with a clear sustainability code of conduct. Plenty of resources and tools exist to help you create a thorough supplier code of conduct that can address topics such as improving logistics and warehousing as well as sourcing packaging more sustainably. For instance, the United Nations Global Compact publication, Supply Chain Sustainability — A Practical Guide for Continuous Improvement,  offers guidance on creating a successful supplier code of conduct.
  • Develop training programs. Education and ongoing training are essential. Technology and procurement teams should be regularly trained on sustainable procurement principles and how to apply them. In addition, they’ll need to understand how to evaluate potential suppliers’ ESG credentials. General employee education—for example, making workers aware of carbon emissions that their company’s products produce—can also help to influence purchasing and business travel practices.
  • Pursue sustainable sourcing and the circularity of products. Work with value-chain partners to decarbonize areas of the supply chain that are emissions-intensive and find low-carbon alternatives. Companies should collaborate across the value chain to adopt circular principles into operations. Digital solutions—such as those that provide real-time information on a product’s origin, composition, and end-of-life handling—can help foster transparency and promote further product circularity.

As you work through the above steps, set specific, achievable goals and targets, and then measure your sustainability improvements as you progress.

While building more sustainability into your value chain can at first seem intimidating, it’s a necessity in today’s world. Over time, companies that make sustainability and ESG a priority will realize reputational and financial benefits.

GEP helps companies seamlessly incorporate sustainability into their supply chain through a combination of strategy, software, and managed services. GEP’S end-to-end comprehensive, unified solutions harness technology to transform organizations for the better.

Start making your value chain more sustainable today with GEP.


Read More from This Article: 4 Steps to Moving the Sustainability Needle on Your Value Chain
Source: News

Category: NewsApril 1, 2022
Tags: art

Post navigation

PreviousPrevious post:Microsoft to optimize process automation stack with Minit acquisitionNextNext post:How to Pitch a Sustainable Value Chain to Your C-Suite

Related posts

Barb Wixom and MIT CISR on managing data like a product
May 30, 2025
Avery Dennison takes culture-first approach to AI transformation
May 30, 2025
The agentic AI assist Stanford University cancer care staff needed
May 30, 2025
Los desafíos de la era de la ‘IA en todas partes’, a fondo en Data & AI Summit 2025
May 30, 2025
“AI 비서가 팀 단위로 지원하는 효과”···퍼플렉시티, AI 프로젝트 10분 완성 도구 ‘랩스’ 출시
May 30, 2025
“ROI는 어디에?” AI 도입을 재고하게 만드는 실패 사례
May 30, 2025
Recent Posts
  • Barb Wixom and MIT CISR on managing data like a product
  • Avery Dennison takes culture-first approach to AI transformation
  • The agentic AI assist Stanford University cancer care staff needed
  • Los desafíos de la era de la ‘IA en todas partes’, a fondo en Data & AI Summit 2025
  • “AI 비서가 팀 단위로 지원하는 효과”···퍼플렉시티, AI 프로젝트 10분 완성 도구 ‘랩스’ 출시
Recent Comments
    Archives
    • May 2025
    • April 2025
    • March 2025
    • February 2025
    • January 2025
    • December 2024
    • November 2024
    • October 2024
    • September 2024
    • August 2024
    • July 2024
    • June 2024
    • May 2024
    • April 2024
    • March 2024
    • February 2024
    • January 2024
    • December 2023
    • November 2023
    • October 2023
    • September 2023
    • August 2023
    • July 2023
    • June 2023
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    • November 2020
    • October 2020
    • September 2020
    • August 2020
    • July 2020
    • June 2020
    • May 2020
    • April 2020
    • January 2020
    • December 2019
    • November 2019
    • October 2019
    • September 2019
    • August 2019
    • July 2019
    • June 2019
    • May 2019
    • April 2019
    • March 2019
    • February 2019
    • January 2019
    • December 2018
    • November 2018
    • October 2018
    • September 2018
    • August 2018
    • July 2018
    • June 2018
    • May 2018
    • April 2018
    • March 2018
    • February 2018
    • January 2018
    • December 2017
    • November 2017
    • October 2017
    • September 2017
    • August 2017
    • July 2017
    • June 2017
    • May 2017
    • April 2017
    • March 2017
    • February 2017
    • January 2017
    Categories
    • News
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Tiatra LLC.

    Tiatra, LLC, based in the Washington, DC metropolitan area, proudly serves federal government agencies, organizations that work with the government and other commercial businesses and organizations. Tiatra specializes in a broad range of information technology (IT) development and management services incorporating solid engineering, attention to client needs, and meeting or exceeding any security parameters required. Our small yet innovative company is structured with a full complement of the necessary technical experts, working with hands-on management, to provide a high level of service and competitive pricing for your systems and engineering requirements.

    Find us on:

    FacebookTwitterLinkedin

    Submitclear

    Tiatra, LLC
    Copyright 2016. All rights reserved.