___________________________________________________________________________________________________ Sustainability
Supply chain visibility
The more you know about your supply chain , the better you can prepare for , respond to , and navigate supply chain shocks and sustainability-related demands .
Certain aspects of sustainability , such as reducing Scope 3 emissions and enhancing energy efficiency , remain a business priority for CEOs . For example , McKinsey names ‘ energy transition ’ as a top three priority for CEOs in 2024 , and the World Economic Forum notes that leaders are clearer than ever on sustainability ’ s business case .
Achieving complete sustainability across an entire supply chain in the next five years may be unattainable , and the journey towards this is continuous and ever evolving . It requires complete commitment from an entire organization to embed a more sustainable approach .
This is supported by leveraging tools and insights to manage the complexities of modern supply chains , assess progress towards global standards , and respond proactively to ever-changing economic and environmental landscapes . Businesses that invest in long-term environmental and social sustainability practices ensure longterm success .
Strong relationships with staff , suppliers , and broader communities secure support in times of crisis and drive the changes to unlock the benefits of more efficient , sustainable , and resilient operations .
Embracing sustainability is not just about meeting regulatory requirements or addressing stakeholder expectations ; it ’ s a strategic necessity that drives innovation , improves risk management , and enhances overall business resilience . In the evolving global economy , companies that prioritize sustainability in their supply chains will lead the way , demonstrating that sustainable practices are not only possible but essential for ongoing success and market leadership . ■
Jon Hancock www . sedex . com
Jon Hancock , CEO at Sedex , is a technology sector professional with more than ten years ’ experience in executive leadership spanning retail banking , consulting , and IT service . He brings extensive experience in driving highperforming growth strategies for international organizations and is passionate about the power of technology to improve lives .
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