Sustainability certification and ratings are increasingly important , as businesses strive to meet net zero carbon targets
WRITTEN BY : SEAN ASHCROFT
Sustainability is near the top of virtually every agenda these days . COP27 , held in Sharm el Sheikh , Egypt , in November 2022 , served to confirm that the global move to net-zero carbon emissions by 2050 is no mere goal , but an operational reality at governmental and boardroom level .
But of course , aiming for net zero and knowing how to achieve it are discrete things . What we do know for sure is supply chains have a huge role to play in the sustainability bid . According to McKinsey , supply chains account for more than 80 % of greenhouse gas ( GHG ) emissions .
The pressing need for sustainable supply chains means that there is now an urgent need for businesses to be sure that their supply chain vendors are on-point when it comes to net zero goals . This can be a problem for multinational businesses , who can have thousands of third-party vendors , upstream and downstream .
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