Sustainability Magazine June 2022 | Page 143

“INVESTORS ARE BECOMING INCREASINGLY MORE OCCUPIED BY ESG DATA ”

net-zero target — which also pays dividends in terms of stakeholder engagement .
Supply chain benchmarking creates ESG transparency Transparency is a word now commonly used in business , often being the catalyst for stakeholder interest and investor decision-making , and one that could relate to any aspect of environmental , social and governance ( ESG ) criteria .
When carrying out supply chain benchmarking against ESG criteria , organisations must consider the different stages in which they will need to gather and analyse data , find reliable sources of information on organisational or industry performance , identify the differences , and set out a strategy to improve upon those areas .
Assessing supply chain sustainability performance Data holds the key to supply chain transparency . The most important stage for any organisation when benchmarking their performance is to look at the facts and how the firm currently performs in regards to criteria like emissions and material sourcing . According to the Carbon Disclosure Project ( CDP ), the analysis of this data can provide a competitive advantage in the eyes of both customers and investors , uncover
sustainabilitymag . com 143