Blog

Why procurement teams are seeking supply chain sustainability software

Procurement and supply chain management is evolving, and so are the ways businesses interact with their suppliers, manage their relationships with them, and make purchasing decisions.

Scope 3 supply chain emissions – how to improve your supplier data

Greenstone is holding a webinar on 'Scope 3 supply chain emissions – how to improve your supplier data' on Thursday 15th July
4pm BST.

Measuring and reducing scope 3 emissions (emissions from the value chain) has become a primary focus for companies, particularly those who have set science-based or net-zero targets. With this comes the challenge of data collection from parties outside of your company – in many cases from suppliers, who can make up a large proportion of scope 3 emissions.

4 key steps to starting your scope 3 emissions reporting journey

Measuring and reporting scope 3 GHG emissions accurately is a key topic for most businesses and one that’s becoming increasingly important as more organisations commit to ambitious emissions reduction targets such as Science Based Targets or Net Zero Targets.

As part of its scope 3 reporting series, Greenstone held a webinar on 22 April, covering the increased reporting of scope 3 emissions as well as the challenges that your business might come across during the process of measuring and reporting. In this blog, we cover some of the challenges that companies face when reporting scope 3 emissions, 4 key steps on where to start and some top tips to help companies prepare.

Webinar - the value and impact of Supplier Codes of Conduct

Greenstone, in partnership with Ardea International and the University of Westminster Business School, is hosting a webinar on the value and impact of Supplier Codes of Conduct on Thursday 12th November at 4pm GMT. 

A code of conduct is a set of guidelines for suppliers that defines the company’s relationship with a supplier and lays out the behavioural and procedural standards required of them. It is a voluntary document from the company’s perspective, but it is often mandated as part of their contract that suppliers agree to the terms and principles laid out in the code.

Greenstone sponsors Virtual Responsible Business Week

Greenstone is sponsoring and exhibiting at the Virtual Responsible Business Week running online between 8 – 16 June 2020.

Broadcast to a global audience of sustainability, supply chain and ESG professionals, this event brings a stream of live sessions and discussions from senior global leaders on the business challenges ahead.

Greenstone sponsors leading sustainable procurement event

Greenstone is sponsoring and exhibiting at the Sustainable Purchasing Leadership Council’s (SPLC) 2020 Summit next week (May 18-20). Due to the current covid-19 epidemic, this year the Summit is being run as a completely virtual event.

The SPLC Virtual Summit 2020 will bring together sustainable procurement and sustainability professionals, suppliers, and advocates to access more than 24 hours of live content. The Summit will include plenary keynotes, breakout sessions and an interactive exhibit hall across three days. With this new virtual Summit, attendees have on-demand access for up to a year – to catch a missed presentation, download additional resources, hear the inspiring keynotes, or visit exhibitor booths again.

Enhancing SupplierPortal with supplier risk and action management

Greenstone has recently updated its supply chain sustainability software solution SupplierPortal with enhanced supplier risk management and corrective action functionality.

This provides SupplierPortal users with a joined-up and fully automated approach to identifying high-risk suppliers, engaging with suppliers and remediating supply chain risk.

HSBC survey: 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.

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 10^th 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.

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.