potential sustainability risks within the supply chain , and determine where the opportunities are for further reductions and improvements .
Metrics measured by supply chain organisations One of the main challenges that companies face when disclosing sustainability data is the ability to analyse it based on a specific standard or metric . As a fairly new disclosure concept , ESG data requires a standardised approach to present and action it effectively . But where does that data come from ?
Investors are becoming increasingly more occupied by ESG data when it comes to making decisions , so efforts to report this information are rising , making more data widely available on a constant basis . This is where digital tools come in . Companies like Benchmark ESG provide a dedicated software platform that allows supply chains to manage operational risks and compliance , sustainability credentials , product stewardship , and efforts to responsibly source across global applications .
While there are some legislative pieces in place for sustainability , it is a very young concept for many organisations . Without formalising laws to enforce sustainability ,
144 June 2022