Greenstone Sustainability Blog

19 Sep 23

5 tips on how to embed sustainability into your supply chain

Sustainability has become an increasingly important topic in recent years, with businesses recognising the need to address their impact on the environment and society. As a result, sustainability is now relevant to all aspects of an organisation's operation, and companies are starting to integrate sustainable practices into their supply chain. However, embedding sustainability into a company's culture is a significant undertaking that requires a strategic approach.

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SupplierPortal

15 Aug 23

Greenstone publishes Sustainable Procurement Guide

Greenstone has published ‘Sustainable Procurement – a guide to implementing sustainable purchasing practices’. This guide aims to help procurement and sustainability professionals understand what sustainable procurement is, how their organisation is performing in this area and how they can begin to integrate sustainability into their procurement function.

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SupplierPortal

20 Jun 23

Canada’s forced labour reporting law and what it means for business

The Canadian Parliament has recently announced the enactment of Bill S-211, also known as "The Fighting Against Forced Labour and Child Labour in Supply Chains Act". This legislation aims to prevent and reduce the risks of forced labour and child labour in supply chains, with immediate implications for Canadian businesses and importers.

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SupplierPortal

6 Jun 23

Sustainability in procurement – an integrated approach

Procurement is changing, which means the way organisations engage with their suppliers, manage their supplier relationships, and make their purchasing decisions is changing. There are multiple factors that contribute to this, such as more global supply chains, perceived efficiencies through digitisation, and the changing way in which services are delivered.

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SupplierPortal

6 Oct 22

EY survey on sustainable supply chains driving business transformation

EY recently released a survey on 'Building supply chain sustainability that can drive revenues and reduce operational risks'. This survey of senior supply chain executives shows the need for a holistic and ROI-backed roadmap to meet sustainability performance goals.

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SupplierPortal

19 Jul 22

Three stages of corporate Scope 3 reporting & primary data collection

Measuring and reducing Scope 3 emissions (GHG emissions associated with the value chain) has become a key area of environmental reporting for most companies. With a surge in the setting of ambitious science-based and net-zero targets, and the increased pressure from investors, regulators and customers, prioritising Scope 3 emissions has never been as important.

Greenstone recently held a webinar on Scope 3 reporting . This article presents a practical case study on how companies are approaching the Scope 3 reporting journey and the common three stages we are seeing the vast majority of our clients, across all industries and all sizes of organisations, go through when it comes to Scope 3 reporting. Read the full blog

SupplierPortal , scope 3

11 Jul 22

How to address supply chain risk – the risk management journey

Despite growing stakeholder pressure, many companies still do not have an understanding of the compliance, potential risks and impacts of their supply chain. We believe that companies are on an ever-maturing supplier management journey. The ultimate goal of this journey is to integrate sustainable supplier management across their business, in order to create more transparent, responsible and risk-free supply chains.

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SupplierPortal

4 Jul 22

Understanding EU's Directive on Corporate Sustainability Due Diligence

In February 2022, the European Commission issued its proposal for a Directive on Corporate Sustainability Due Diligence (CSDD), aiming to encourage ethical and sustainable business practices throughout all global value chains. These new regulations will provide companies with legal security and increase transparency for investors and consumers.

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SupplierPortal , CSDD

27 Apr 22

ESG disclosure and reporting - 4 key impacts on procurement teams

Greenstone recently held a webinar, in partnership with the Sustainable Purchasing Leadership Council (SPLC), on the ‘Dynamic ESG landscape & its intersections with sustainable procurement’. In this blog, we have summarised one topic that was covered in the webinar – how Environmental, Social and Governance (ESG) disclosure impacts procurement teams. Below are 4 key impacts of ESG disclosure and reporting on procurement teams.

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SupplierPortal , ESG

2 Mar 22

Dynamic ESG landscape & its intersections with sustainable procurement

In partnership with Sustainable Purchasing Leadership Council (SPLC), Greenstone is presenting a 60-minute webinar on ‘Dynamic ESG landscape and its intersections with sustainable procurement' on Thursday 24 March at 10am ET / 2pm GMT. This expert webinar, hosted by SPLC, will cover in detail how the ESG reporting landscape is fast-evolving and how this impacts the procurement community.

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SupplierPortal , ESG