{"id":4756,"date":"2022-03-06T18:00:00","date_gmt":"2022-03-07T00:00:00","guid":{"rendered":"https:\/\/www.mhisolutionsmag.com\/?p=4756"},"modified":"2022-03-22T09:49:19","modified_gmt":"2022-03-22T14:49:19","slug":"driving-esg-goals-through-the-supply-chain","status":"publish","type":"post","link":"https:\/\/www.mhisolutionsmag.com\/index.php\/2022\/03\/06\/driving-esg-goals-through-the-supply-chain\/","title":{"rendered":"Driving ESG Goals Through the Supply Chain"},"content":{"rendered":"
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Feature<\/div>\n
Supply chain transparency may be the buzzword of the day, but determining if your suppliers are helping or hurting your drive to net-zero and other business sustainability goals is easier said than done. New supply chain mapping and monitoring tools are helping crack the code.<\/em><\/div>\n
BY DAVID H. COBURN<\/span><\/div>\n
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BLACK_KIRA\/SHUTTERSTOCK.COM<\/a><\/span><\/figcaption><\/figure>\n

W<\/strong><\/span>hile more companies are prioritizing climate goals and other environmental, social and governance (ESG) objectives in their internal operations, they are also reaching outside their own four walls to ensure suppliers and business partners are aligned with their goals.<\/p>\n

For enterprises of all sizes, supply chain sustainability is rapidly taking on new urgency, propelled by COVID-induced shipping bottlenecks and labor shortages that laid bare the fragility of global supply chains and pressure to “do the right thing” from internal and external stakeholders.<\/p>\n

But companies know they can\u2019t meet their sustainability objectives alone and are requesting\u2014and in some cases demanding\u2014that suppliers get on board. And they\u2019re hunting for tools that give them visibility into the ESG performance of partners throughout their supply chains.<\/p>\n

“ESG, in some shape or form, is now part of most of our customer and partner conversations,” said Michelle Eisenberg, chief of the ESG office for supply chain management software maker and MHI member Blue Yonder. “There is a genuine demand for product functionalities in this area and we predict that this will continue to increase.”<\/p>\n

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Pressure to deliver on ESG goals<\/h2>\n

The focus of procurement organizations has shifted dramatically and quickly. When surveyed in 2021, 63% of procurement executives ranked “delivering on corporate sustainability goals” a main priority, up from just 25% in 2019, according to the Sustainable Procurement Barometer produced by business sustainability ratings platform EcoVadis and Stanford Business School.<\/p>\n

There are many reasons for this shift:<\/p>\n