{"id":3390,"date":"2021-03-26T13:30:20","date_gmt":"2021-03-26T18:30:20","guid":{"rendered":"https:\/\/www.mhisolutionsmag.com\/?p=3390"},"modified":"2022-03-22T11:30:24","modified_gmt":"2022-03-22T16:30:24","slug":"transparency-the-first-pillar-of-sustainability","status":"publish","type":"post","link":"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/03\/26\/transparency-the-first-pillar-of-sustainability\/","title":{"rendered":"Transparency: The \u2018First Pillar\u2019 of Sustainability"},"content":{"rendered":"\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"600\" height=\"400\" src=\"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2021\/03\/Transparency_600x400p.jpg\" alt=\"\" class=\"wp-image-3448\" srcset=\"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2021\/03\/Transparency_600x400p.jpg 600w, https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2021\/03\/Transparency_600x400p-300x200.jpg 300w\" sizes=\"auto, (max-width: 600px) 100vw, 600px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em>By Tom Gresham<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In today\u2019s corporate landscape, sustainability has fast developed into a necessary point of emphasis. Experts say a key ingredient to pursuing sustainability in a meaningful way is transparency in the supply chain, where much of a company\u2019s environmental impact lies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Gopal Iyer, supply chain delivery lead at procurement consultancy 4C Associates, said he has seen estimates indicating that 70%-75% of a company\u2019s environmental and social impact lies in its supply chain, and David McClintock, marketing director of EcoVadis, said the typical supply chain creates far greater social and environmental costs than a company\u2019s own operations. That makes transparency of the supply chain from end-to-end necessary. As McClintock said, \u201cyou can\u2019t improve what you can\u2019t see.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Antony Lovell, vice president of applications for Vuealta, said transparency and sustainability are, to a degree, interdependent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cTransparency increases supply chain resiliency, agility and efficiency,\u201d Lovell said. \u201cA transparent supply chain can also make informed decisions balancing profitability, customers and the environment. Consumers and customers will hold businesses responsible for the actions of their suppliers. Consumer choice will be made not just on the \u2018green credentials\u2019 of an organization, but on the entire supply chain. This means that companies need sustainable supply chains, not just sustainable partners within supply chains. To achieve this, businesses need to provide transparency into the full supply network.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Joanne Strong, senior consultant, Deloitte Consulting, said transparency represents a step beyond visibility\u2014when you can see what\u2019s happening in your upstream and downstream\u2014and extends to being able to share that visibility with stakeholders, consumers and potential investors.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cIt\u2019s taking it to that next step,\u201d Strong said. \u201cWe have the visibility and now that we\u2019re sharing it, we also have the framework and structure to maintain that and enforce our common standards. So, we are able to say, \u2018I can see everything upstream and downstream, and now I can enforce that my upstream and downstream is following my company\u2019s regulations.\u2019\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Strong said transparency in the supply chain is a recent phenomenon spurred by both government oversight and consumer demands.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cIt provides these organizations that are sustainable as well as transparent the ability to differentiate themselves, provide that extra incentive for the consumer or the investor to say, \u2018This is a trustworthy company, they have the same ethical leanings as me, and this is something that I want to support,\u2019\u201d Strong said.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Earning that trust starts with transparency.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><span class=\"has-inline-color has-vivid-cyan-blue-color\"><span style=\"text-decoration: underline;\"><em>Read More\u2026<\/em><\/span><\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Tom Gresham In today\u2019s corporate landscape, sustainability has fast developed into a necessary point of emphasis. Experts say a key ingredient to pursuing sustainability in a meaningful way is transparency in the supply chain, where much of a company\u2019s environmental impact lies. Gopal Iyer, supply chain delivery lead at procurement consultancy 4C Associates, said &#8230;<\/p>\n","protected":false},"author":46,"featured_media":3448,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5,15,14],"tags":[2276,2279,2284,2277,129,2278,2282,2281,442,1902,1907,2275,466,2283,540,528,2160,860,95,576,2280],"class_list":["post-3390","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-features","category-global-trends","category-sustainability","tag-4c-associates","tag-antony-lovell","tag-business-environmental-costs","tag-david-mcclintock","tag-deloitte","tag-ecovadis","tag-environmental-impact","tag-joanne-strong","tag-mhi-solutions","tag-mhi-solutions-magazine","tag-mhisolutionsmag","tag-resilient-supply-chains-gopal-iyer","tag-supply-chain","tag-supply-chain-impact","tag-supply-chain-resilience","tag-supply-chain-sustainability","tag-supply-chain-transparency","tag-supply-chain-visibility","tag-sustainability","tag-sustainable-supply-chain","tag-vuealta"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Transparency: The \u2018First Pillar\u2019 of Sustainability - MHI Solutions<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/03\/26\/transparency-the-first-pillar-of-sustainability\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Transparency: The \u2018First Pillar\u2019 of Sustainability - MHI Solutions\" \/>\n<meta property=\"og:description\" content=\"By Tom Gresham In today\u2019s corporate landscape, sustainability has fast developed into a necessary point of emphasis. Experts say a key ingredient to pursuing sustainability in a meaningful way is transparency in the supply chain, where much of a company\u2019s environmental impact lies. Gopal Iyer, supply chain delivery lead at procurement consultancy 4C Associates, said ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/03\/26\/transparency-the-first-pillar-of-sustainability\/\" \/>\n<meta property=\"og:site_name\" content=\"MHI Solutions\" \/>\n<meta property=\"article:published_time\" content=\"2021-03-26T18:30:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-22T16:30:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2021\/03\/Transparency_600x400p.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"600\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Melinda Runkle\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Melinda Runkle\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/03\/26\/transparency-the-first-pillar-of-sustainability\/\",\"url\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/03\/26\/transparency-the-first-pillar-of-sustainability\/\",\"name\":\"Transparency: The \u2018First Pillar\u2019 of Sustainability - MHI Solutions\",\"isPartOf\":{\"@id\":\"https:\/\/www.mhisolutionsmag.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/03\/26\/transparency-the-first-pillar-of-sustainability\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/03\/26\/transparency-the-first-pillar-of-sustainability\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2021\/03\/Transparency_600x400p.jpg\",\"datePublished\":\"2021-03-26T18:30:20+00:00\",\"dateModified\":\"2022-03-22T16:30:24+00:00\",\"author\":{\"@id\":\"https:\/\/www.mhisolutionsmag.com\/#\/schema\/person\/75c7b64e8c837441fbd28bb800c1252c\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/03\/26\/transparency-the-first-pillar-of-sustainability\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/03\/26\/transparency-the-first-pillar-of-sustainability\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/03\/26\/transparency-the-first-pillar-of-sustainability\/#primaryimage\",\"url\":\"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2021\/03\/Transparency_600x400p.jpg\",\"contentUrl\":\"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2021\/03\/Transparency_600x400p.jpg\",\"width\":600,\"height\":400,\"caption\":\"surreal enigmatic picture on canvas\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/03\/26\/transparency-the-first-pillar-of-sustainability\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.mhisolutionsmag.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Transparency: The \u2018First Pillar\u2019 of Sustainability\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.mhisolutionsmag.com\/#website\",\"url\":\"https:\/\/www.mhisolutionsmag.com\/\",\"name\":\"MHI Solutions\",\"description\":\"Improving Supply Chain Performance\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.mhisolutionsmag.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.mhisolutionsmag.com\/#\/schema\/person\/75c7b64e8c837441fbd28bb800c1252c\",\"name\":\"Melinda Runkle\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.mhisolutionsmag.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/92959c758b90d2ef7150661fcf30fefe1962b390dd4d94d9cf21ec6ca8e79af7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/92959c758b90d2ef7150661fcf30fefe1962b390dd4d94d9cf21ec6ca8e79af7?s=96&d=mm&r=g\",\"caption\":\"Melinda Runkle\"},\"url\":\"https:\/\/www.mhisolutionsmag.com\/index.php\/author\/mrunkle\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Transparency: The \u2018First Pillar\u2019 of Sustainability - MHI Solutions","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/03\/26\/transparency-the-first-pillar-of-sustainability\/","og_locale":"en_US","og_type":"article","og_title":"Transparency: The \u2018First Pillar\u2019 of Sustainability - MHI Solutions","og_description":"By Tom Gresham In today\u2019s corporate landscape, sustainability has fast developed into a necessary point of emphasis. Experts say a key ingredient to pursuing sustainability in a meaningful way is transparency in the supply chain, where much of a company\u2019s environmental impact lies. Gopal Iyer, supply chain delivery lead at procurement consultancy 4C Associates, said ...","og_url":"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/03\/26\/transparency-the-first-pillar-of-sustainability\/","og_site_name":"MHI Solutions","article_published_time":"2021-03-26T18:30:20+00:00","article_modified_time":"2022-03-22T16:30:24+00:00","og_image":[{"width":600,"height":400,"url":"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2021\/03\/Transparency_600x400p.jpg","type":"image\/jpeg"}],"author":"Melinda Runkle","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Melinda Runkle","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/03\/26\/transparency-the-first-pillar-of-sustainability\/","url":"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/03\/26\/transparency-the-first-pillar-of-sustainability\/","name":"Transparency: The \u2018First Pillar\u2019 of Sustainability - MHI Solutions","isPartOf":{"@id":"https:\/\/www.mhisolutionsmag.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/03\/26\/transparency-the-first-pillar-of-sustainability\/#primaryimage"},"image":{"@id":"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/03\/26\/transparency-the-first-pillar-of-sustainability\/#primaryimage"},"thumbnailUrl":"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2021\/03\/Transparency_600x400p.jpg","datePublished":"2021-03-26T18:30:20+00:00","dateModified":"2022-03-22T16:30:24+00:00","author":{"@id":"https:\/\/www.mhisolutionsmag.com\/#\/schema\/person\/75c7b64e8c837441fbd28bb800c1252c"},"breadcrumb":{"@id":"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/03\/26\/transparency-the-first-pillar-of-sustainability\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/03\/26\/transparency-the-first-pillar-of-sustainability\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/03\/26\/transparency-the-first-pillar-of-sustainability\/#primaryimage","url":"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2021\/03\/Transparency_600x400p.jpg","contentUrl":"https:\/\/www.mhisolutionsmag.com\/wp-content\/uploads\/2021\/03\/Transparency_600x400p.jpg","width":600,"height":400,"caption":"surreal enigmatic picture on canvas"},{"@type":"BreadcrumbList","@id":"https:\/\/www.mhisolutionsmag.com\/index.php\/2021\/03\/26\/transparency-the-first-pillar-of-sustainability\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.mhisolutionsmag.com\/"},{"@type":"ListItem","position":2,"name":"Transparency: The \u2018First Pillar\u2019 of Sustainability"}]},{"@type":"WebSite","@id":"https:\/\/www.mhisolutionsmag.com\/#website","url":"https:\/\/www.mhisolutionsmag.com\/","name":"MHI Solutions","description":"Improving Supply Chain Performance","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.mhisolutionsmag.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.mhisolutionsmag.com\/#\/schema\/person\/75c7b64e8c837441fbd28bb800c1252c","name":"Melinda Runkle","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.mhisolutionsmag.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/92959c758b90d2ef7150661fcf30fefe1962b390dd4d94d9cf21ec6ca8e79af7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/92959c758b90d2ef7150661fcf30fefe1962b390dd4d94d9cf21ec6ca8e79af7?s=96&d=mm&r=g","caption":"Melinda Runkle"},"url":"https:\/\/www.mhisolutionsmag.com\/index.php\/author\/mrunkle\/"}]}},"_links":{"self":[{"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/posts\/3390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/comments?post=3390"}],"version-history":[{"count":0,"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/posts\/3390\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/media\/3448"}],"wp:attachment":[{"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/media?parent=3390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/categories?post=3390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.mhisolutionsmag.com\/index.php\/wp-json\/wp\/v2\/tags?post=3390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}