EY research shows supply chain focus on ESG efforts

Chamber of Shipping > Blog > News > International > EY research shows supply chain focus on ESG efforts

EY teams conducted a survey about the sustainable supply chain approaches at 525 large corporations representing various sectors across Argentina, Brazil, Canada, Mexico and the United States (US). The research shows that while many executives have long-term sustainability goals for their supply chains, few have the visibility, technology and comprehensive programs in place to measure their progress. Focusing on supply chains is key to overall environmental, social and governance (ESG) efforts because more than 90% of an organization’s greenhouse gas emissions, and 50% to 70% of operating costs, are attributable to supply chains. Beyond risk avoidance and compliance, organizations are seeking ways to create long-term value by embedding sustainability into supply chain operations.

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