Embrace ESG and Minimize Supplier Risk

Lead the Conversation on ESG

Progress must be made today.

Procurement has the opportunity to drive change and reduce GHG emissions—but to do so, teams must have accurate data.

Current processes leave teams struggling to analyze emission output, engage existing suppliers, and receive buy-in from key stakeholders.

By embracing new methods and technology, sourcing professionals can keep ESG at the forefront.

Enhance Supplier Risk Management

Supplier relationships greatly impact ESG targets.

Timely supplier assessments are a vital component in managing risk across your supply chain.

However, most current processes leave CPOs wasting between one to six months for assessments to be completed.

Sourcing professionals need a way to speed up data exchange and gauge key risk factors like waste management, regulatory compliance, and supplier diversity.

Achieve Regulatory Compliance

The right foundation empowers a strong ESG strategy.

Many procurement teams are global in scale and need to develop tactics that align with standards worldwide.

As regulation requirements and compliance controls vary and change in different regions, meeting these standards is becoming increasingly difficult.

By getting a stronger handle on obligations, CPOs can have a greater impact on global ESG initiatives.

Procurement is perfectly positioned to implement new technologies, renewable energy sources, and automation capabilities to enhance ESG data capture and analysis.

In this 2023 Sustainability Report, you’ll find the answers to your peers’ most pressing questions on how to achieve sustainability goals faster and more at scale.