BSR study shows supply chain’s sustainable practices are key
“When the recession hit with full force two years ago, we urged our members to stick with sustainability as a key to achieving long-term business success,” said BSR President and CEO Aron Cramer.
Latest NewsMaersk cyber attack contained as ports and technology solution providers seek answers New wave of cyberattacks continues to impact supply chain operations Jindel tells SMC3 attendees how Amazon continues to distance itself from other retailers KION North America celebrates start of production on new forklifts Truckers say report urging FMCSA to tweak data used for CSA validates motor carriers’ complaints More News
Latest ResourceDigital Issue: The Current State of Third-Party Logistics Services It has become quite clear that logistics professionals are now facing an unprecedented set of challenges. From tightening capacity, to ongoing regulation hurdles, to the complexity brought on by e-commerce, today’s shippers are transforming the way they manage their logistics operations.
Despite continuing uncertainty about the world’s economy, results from the BSR/GlobalScan State of Sustainable Business Poll 2010” released late last week show more than eight in 10 respondents (84 percent) are somewhat or very optimistic that global businesses will embrace CSR/sustainability as part of their core strategies and operations in the next five years.
Nearly all (94 percent) of the 377 respondents, drawn from a majority of BSR’s global network of more than 250 member companies also said that their companies plan to maintain or increase their budgets for CSR/sustainability programs in the year ahead, and nearly three-quarters expect to increase the amount of internal and external CSR/sustainability communications as well.
“When the recession hit with full force two years ago, we urged our members to stick with sustainability as a key to achieving long-term business success,” said BSR President and CEO Aron Cramer. “It’s very encouraging to see that, even in a world still marked by instability and change, they’re staying the course.”
In an interview with Modern, Cramer added that some of the “intensity” was lost after the failure of last year’s Copenhagen climate summit to win public acceptance.
“To some extent, we raised expectations to a high and unsustainable level, he said. “Now we are building a case for business, rather than policy. “We are making it part of a soft regulatory framework business leaders understand.”
“BSR member companies continue to demonstrate a strong commitment to sustainable business,” said Chris Coulter, senior vice president at GlobeScan, which conducted the survey on behalf of BSR. “These findings will reinforce the direction that many leadership companies are headed, and prompt others to join them.”
The survey was released at the start of last week’s BSR Conference 2010 where more than 1,000 senior business executives, entrepreneurs, and leaders from the public sector and civil society are gathered to focus on integrating CSR and sustainability practices into strategy and core business.
About the AuthorPatrick Burnson, Executive Editor Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at [email protected]
Subscribe to Logistics Management Magazine!Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your entire logistics operation.
Start your FREE subscription today!
2017 Rail/Intermodal Roundtable: Volume stable, business steady Cross-Border Logistics: NAFTA tune-up time View More From this Issue