A recent Avetta survey found that while 79% and 63% of companies believe employee safety and health and reducing environmental footprint are “very important,” respectively, only 39% feel sustainability supply chain issues are “very important.” While many companies recognize the importance of achieving sustainable outcomes, few realize most sustainability concerns and red flags stem from their supply chain. The average supply chain generates emissions that are 5.5 times greater than operational emissions. Supply chains are responsible for more than 3/4 of greenhouse gas emissions for several industry sectors. Supply chains are also responsible for over 90% of natural capital impact. The more intricate a supply chain, the more prone an organization is to uncertainties and hidden risks. Learn how your organization can better address these risks.
What You Will Learn
- Set clear supply chain sustainability targets to report progress
- Implement environmental, social and governance (ESG) supply chain requirements through formal contracts
- Establish adequate governance structures
- Create incentives to improve supply chain performance
Danny Shields, CSP, VP Sustainability and Risk
Danny Shields, CSP, is a quality, health, safety, sustainability professional with a combined 20 years of field and executive management experience. In this role, he partners with executives to limit their organizations enterprise risk. Shields spent two decades working in multiple industry verticals, including oil and gas, mining, manufacturing and construction, with some the world’s most successful organizations. He has led teams to achieve year-over-year QHSSE performance records in high-risk environments, saving companies millions in direct and indirect costs.