Engaging With Suppliers to Meet Supply Chain Sustainability Goals

As companies advance their sustainable development initiatives into the extended supply chain, their suppliers become a crucial source of information and market expertise.

By · May 10, 2012

As companies advance their sustainable development initiatives into the extended supply chain, their suppliers become a crucial source of information and market expertise. Consequently, suppliers are under increasing pressure to participate in these programs. How best to involve trading partners in green supply chain projects and develop mutually beneficial relationships is an urgent challenge for enterprises worldwide.

According to the Carbon Disclosure Project (CDP) in its 2012 Supply Chain Report , “suppliers that do not measure, quantify, and manage their greenhouse gas emissions will soon see their business move to competitors that can provide better information and clearer evidence of change.”

Of the 50 CDP Supply Chain member enterprises surveyed in the report, some 62% reward suppliers with good carbon management practices, up from 28% in 2010. Moreover, 39% of these member organizations “will soon begin deselecting suppliers that do not adopt such measures,” says CDP. This compares to 23% of member organizations in the previous report. Even though the CDP sample is biased toward environmentally aware organizations, there is “growing momentum for supply chain engagement,” CDP asserts.

image

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!

Latest Whitepaper
Improving E-Commerce Fulfillment Through Business Integration
As e-commerce continues to outpace conventional retail, companies of all sizes are finding ways to disrupt traditional business models and seize market share.
Download Today!
From the February 2017 Issue
As the new administration sends waves of uncertainly through the global trade community, this could be the best time ever for shippers to build an investment case for GTM. Here are five trends you need to watch if you’re about to put these savvy systems to work
Carrier Consolidation Keeps Shippers Guessing
Getting Value from the Cloud
View More From this Issue
Subscribe to Our Email Newsletter
Sign up today to receive our FREE, weekly email newsletter!
Latest Webcast
Advance your career with the fastest growing logistics certification – APICS CLTD
During this webcast presenters will give an overview of APICS and the new Certified in Logistics, Transportation and Distribution (CLTD) designation. Learn how the CLTD program can help you stay on top of current trends and advance your career.
Register Today!
EDITORS' PICKS
ASEAN Logistics: Building Collectively
While most of the world withdraws inward, Southeast Asia is practicing effective cooperation between...
2017 Rate Outlook: Will the pieces fall into place?
Trade and transport analysts see a turnaround in last year’s negative market outlook, but as...

Logistics Management’s Top Logistics News Stories 2016
From mergers and acquisitions to regulation changes, Logistics Management has compiled the most...
Making the TMS Decision: Ariens Finds Just the Right Fit
The third time is the charm for this U.S. manufacturer on the hunt for a third-party logistics (3PL)...