Blog

5 Dec 18

HSBC survey: global businesses targeting more sustainable supply chains

A third of global businesses are looking to improve the sustainability of their supply chains over the next three years, according to a new survey from HSBC.

The survey of 8,500 companies in 34 countries, published in HSBC’s Global Report, shows that those businesses making environmentally sustainable changes to their supply chains are motivated primarily by cost efficiencies and improved revenues. Furthermore, one in five claim that they have taken greater control of their supply chains over the past two years.

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SupplierPortal , Supply chain sustainability

19 Nov 18

Sustainability in procurement – 5 practical steps to more sustainable procurement

In Part 1 of this ‘Sustainability in procurement’ series, we discussed how sustainability is relevant to all aspects of an organisations’ operation, and the resulting need for an integrated approach to embedding this in the supply chain. However, changing the culture of a company is a huge undertaking, and embedding sustainability into everything you do can take time. This article, provides you with 5 practical steps which can help you start the process.

We will discuss this topic further in a webinar hosted jointly with our partners Grippr - a purchasing consultancy specialising in driving purchasing efficiency. More information is available on the webinar at the end of the article.

 

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SupplierPortal , Supply chain sustainability , Supplier Data

15 Nov 18

Greenstone partners with UNGC and Ardea International to host webinar on optimising supply chain data

Greenstone has partnered with UN Global Compact Network UK and specialist consulting firm Ardea International to host a webinar on how to optimise supply chain data on Thursday 6th December at 4pm (GMT).

Companies are now operating in a world where business responsibility extends beyond the environmental or the corporate social responsibility (CSR) challenges of its own operations, and into far-reaching global supply chains. An estimated 80% of global trade passes through supply chains, with the associated risk traced back to companies who have no visibility of this area.

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Event , SupplierPortal , Supply chain sustainability

12 Nov 18

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.

However, the focus on managing supply chains more responsibly, or sustainably, is something that is relevant to all current and future procurement and supplier management activities. Sustainability is key part of the evolution of procurement, and therefore needs to be fully understood and implemented.

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SupplierPortal , Supply chain sustainability

31 Oct 17

Greenstone to join expert panel at responsible sourcing event in Dublin

Greenstone has been invited to join an expert panel at a responsible sourcing event in Dublin, Ireland on Friday 10th November. The event, on the topic of 'Responsible Sourcing: Managing Increasing Corporate Responsibility and Environmental Risk in Supply Chains' will include a conversation with Mike Simms, Chief Procurement Officer at Microsoft Corp.

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Event , Supply chain sustainability

7 Oct 16

Webinar: The 5 Key Steps to Take Now to Address Supply Chain Risk

Earlier this year, Greenstone conducted extensive research to understand how companies are identifying and mitigating supply chain risk.

The survey asked 1000 senior decision makers about their perception of supply chain risk. It found that increasing global focus and the impact of regulation has resulted in a growing business requirement for supplier due diligence processes.

The results will now be shared during a complimentary online webinar. The webinar will be held on two dates at the start of November, and will explore how companies are reacting to the increased scrutiny placed on their third party relationships. It will also highlight the five key steps organisations can take now to successfully address supply chain risk and ensure supplier compliance.

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SupplierPortal , supplychain , Supplier Compliance , Supply chain sustainability

21 Sep 16

Why Sustainable Supply Chains Matter

This article was recently published on Environmental Leader. 

Environmental managers and chief sustainability officers are increasingly looking to their supply chains to conserve natural resources and reduce carbon emissions.

Considering supply chains are responsible for up to four times the greenhouse gas emissions of a company’s direct operations and many suppliers operate in water-stressed areas of the globe, this makes sense from an environmental savings standpoint.

To this end, we’ve seen major corporations like Apple push for more rigorous environmental standards and renewable energy use across its supply chain — and publish regular supply chain audit reports detailing suppliers’ progress — and Nike creating an entirely new apparel supply chain company that will “embed sustainability and transparency into the business.”

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Supply chain sustainability , SupplierPortal , supplychain , Supplier Relationships , Supplier Management , Supplier Data

16 Mar 16

Developing supplier networks: How supply chains are going circular

Sophie Parsons, Senior Consultant at Greenstone, attended the resource efficiency event Resource held in London last week. In this blog, Sophie reflects on the role of supply chains in the circular economy.

Following the announcement of the EU Circular Economy Package at the end of last year, the transition to a stronger and more circular economy has become a hot topic. At Resource last week, organisations such as Rolls-Royce, Hewlett Packard and Jaguar Land Rover demonstrated how they aim to improve resource efficiency and gain greater circularity within their value chain.

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Supply chain sustainability , SupplierPortal , circular economy

1 Mar 16

Greenstone launches Modern Slavery partnership with Fifty Eight

The recent introduction of the Modern Slavery Act in the UK has generated a significant amount of interest and concern alike. Organisations appear to be aware of the Act, and are not only keen to understand what they need to do to in order to comply, but also how and what they should report year on year.

There has been plenty of clarification on the aims of the Act itself, its coverage and its requirements. However, what has not been so clear is what organisations actually need to include in their reports, what policies and practices need to be introduced and how to train their workforce.

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Modern Slavery , Supply chain sustainability , SupplierPortal , supplychain

1 Dec 15

Supply chain - the next step in Eurostar's non-financial reporting journey

An interview with Eurostar’s Luke Ervine, Head of Environment & Energy

What has Eurostar’s sustainability journey looked like to date?

Our journey started in 2006 when we commissioned independent research into the carbon footprint of our passenger journeys. This study revealed that traveling to our core destinations using high speed rail is more carbon efficient than travelling by air.

However, for Eurostar, being more carbon efficient than our competitors wasn’t enough. So in April 2007 we launched our Tread Lightly Sustainability programme to reduce our impact on the environment and improve our environmental and energy performance.

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Supplier Compliance , Supplier Data , Supplier Relationships , Supplier Management , Supply chain sustainability , SupplierPortal , supplychain

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