Important Point On Green Supply Chain : First Step in ESG

For companies looking to reduce their environmental impact and embrace sustainability, a green supply chain is an essential first step. Supply chains are responsible for the majority of greenhouse gas emissions from businesses and make up a large percentage of operational costs.
Click below to share this post

Table of Contents

About Green Supply Chain

Important Point On Green Supply Chain : First Step in ESG

Supply Chains have become more visible and more global, and the question about their impact on the Important Point On Green Supply Chain environment and global sustainability is increasing. The authors created this practical road map to include this green dimension in supply chains.

You want to manage a Supply Chain and you care about the environment? Start by asking five fundamental questions about your supply chains and what you expect from it. This book, Green Supply Chain – An Action Manifestocould help you in your choices, your reasoning, and your project thanks to deep analysis.

future of supply chain

“What are the tangible and intangible benefits of moving towards a green supply chain?

Some Way of Green Supply Chain

  1. What are the costs, both direct and indirect?
  2. What influence do we have over our suppliers, their suppliers and our customers that would allow us to jointly work together and move the supply chain towards a green supply chain?
  3. How will we communicate and measure our progress towards the green supply chain to the key stakeholders? How will we engage them?
  4. What barriers to green supply chains can be expected and how can these be overcome?”

However, the authors’ analysis has revealed four key additional points to go further in your understanding of this new problem:

environment

Important Point On Green Supply Chain

1. “Companies are still primarily focused on environmentally conscious internal production. Any company can become totally carbon neutral by outsourcing all its production. Shifting the carbon-producing activity up or down the SC does nothing more than hiding the dirt under someone else’s carpet. A holistic approach to carbon management is required, and this is provided by the adoption of the Green SC methodology.

2. Environmental pro-activism is generally assumed to come at an additional cost to the corporations. It is widely thought that going is expensive. On the contrary, our modelling indicates that adoption of Green SC methodology should result in overall cost reduction providing this is done in a thorough and logical manner.

3. Most business models are focused on growing the volume of their current offerings of goods or services to increase profits. A change in this focus towards providing customer end outcomes will not only reduce the impact on the environment but also secure and/or increase market share whilst improving profitability.

4. Well beyond mainstream business thinking on the environmental impact of technology, our discussions with Professor Ernst von Weizsacker (co-author of the book “Factor Four; Doubling Wealth, Halving Resource Use” 1998, with Amory & Hunter Lovins) highlight a radical concept aimed at doubling wealth, whilst concurrently halving resource consumption through innovative technological push. The implications for Green SC and for business performance more generally, are staggering. However, in the rest of this book, our conclusions are based on current technological limitations whilst noting that the “Factor 4” thinking and its associated technological push would actually multiply the benefits significantly; if brought into practice.” 

If you want to launch this project, you will see that a move to Green SC is not only necessary for sound environmental management, but it is also profitable and provides sound financial management. If you feel ready to make the move, this book will provide you with a clear strategic overview and actionable plan for the implementation of Greenish SC.

This is all about the Important Point On Green Supply Chain.

 

 

Important Point On Green Supply Chain

Vivek Sood: Sydney based managing director of Global Supply Chain Group, a strategy consultancy specializing in supply chains. More information on Vivek is available on www.linkedin.com/in/vivek and more information on Global Supply Chain Group is available www.globalscgroup.com 

Vivek is the Managing Director of Global Supply Chain Group, a boutique strategy consulting firm specialising in Supply Chain Strategies, and headquartered in Sydney, Australia . He has over 24 years of experience in strategic transformations and operational excellence within global supply chains. Prior to co-founding Global Supply Chain Group in January 2000, Vivek was a management consultant with top-tier strategy consulting firm Booz Allen & Hamilton.

Vivek provides strategic operations and supply chain advice to boards and senior management of global corporations, private equity groups and other stakeholders in a range of industries including FMCG, food, shipping, logistics, manufacturing, chemicals, mining, agribusiness, construction materials, explosives, airlines and electricity utilities.

Vivek has served world-wide corporations in nearly 500 small and large projects on all continents with a variety of clients in many different industries. Most of projects have involved diagnostic, conceptualisation and transformation of supply chains – releasing significant amount of value for the business. His project work in supply chain management has added cumulative value in excess of $500M incorporating projects in major supply chain infrastructure investment decisions, profitable growth driven by global supply chain realignment, supply chain systems, negotiations and all other aspects of global supply chains.

Vivek has written a number of path breaking articles and commentaries that are published in several respected journals and magazines. Vivek has spoken at several supply chain conference, forums and workshops in various parts of the world. He has also conducted several strategic workshops on various aspects of supply chain management. He received his MBA with Distinction from the Australian Graduate School of Management in 1996 and prior to these studies spent 11 years in the Merchant Navy, rising from a Cadet to Master Mariner.

More information on Vivek is available on www.linkedin.com/in/vivek  and more information on Global Supply Chain Group is available on www.globalscgroup.com

Related Posts

Click below to see related posts.

gET INTO TOUCH