Post by account_disabled on Feb 22, 2024 1:10:32 GMT -6
The COVID-19 crisis has exposed hidden vulnerabilities in global supply chains and the need for better preparedness for health crises in businesses around the world. Companies that focus on corporate sustainability are in a better position to confront the pandemic, according to a study focused on the supply chain performance of 35,000 companies in five regions of the world, published by sustainability assessment firm EcoVadis . Victoria Kickham in Supply Chain Quarterly comments that this is because companies with corporate sustainability management systems focus on improving supplier relationships, transparency, safe workspaces and employee well-being, according to the researchers. When it comes to pandemic preparedness, those who take action in three key areas are the best prepared: employee health and safety, working conditions, and supply chain due diligence.
But overall levels of sustainability management are “worryingly low”, according to researchers, and much remains to be done to improve supply chain resilience. Companies with corporate sustainability are more resilient to COVID-19 The study found that more than a quarter of suppliers have no measures for health crises, 80% of companies lack due diligence measures for suppliers, a key factor in preparing Bulgaria Mobile Number List for chain risks and disruptions of multi-level supply, and that 44% of suppliers lack measures for the health and safety of employees, the indicator most related to the physical well-being of collaborators during the pandemic. Strategies that focus on improving sustainability efforts will result in more resilient supply chains, the researchers said. We believe that understanding sustainability management in supply chains can be effectively leveraged to understand preparedness for health crises across the entire value chain. Used to identify at-risk parts of the supply chain, these insights can guide health crisis preparedness and resilience strategies that will allow companies to transition to a new normal and prepare for subsequent waves of .
That may pose an imminent threat to fragile and recovering supply networks. Investigation Companies with corporate sustainability are more resilient to COVID-19 Looking at readiness across specific industries, the study found that: The least trained for a health crisis is the wholesale, service and professional industry, where 42% of suppliers lack preparedness measures. Significant deficiencies are seen in the transportation industry, where 39% of suppliers have no preparedness measures. Heavy and advanced manufacturing industries as well as the construction industry are in the best position: less than 30% of suppliers are completely unprepared. If you want to consult the full report you can visit the EcoVadis website .Tetra Pak's vision is that all beverage containers can be collected for recycling and zero beverage containers should go back into the trash or end up in landfill. Tetra Pak zero emissions Ten years ago we established a climate goal to limit our impact by 2020 across the chain to 2010 levels, while growing the business. This has helped us save 12 million tonnes of GHG emissions to date. We believe that our ability to establish and demonstrate progress in line with scientific and societal expectations, our drive towards innovation and collaborative approach across the value chain, put us on the right path to achieving our new ambition.
