According to the International Supply Chain Education Alliance (ISCEA), sustainability in supply chain management is about "orchestrating and continuously improving the planning and execution of processes at strategic, tactical and operational levels along an end-to-end value chain to achieve the most efficient use of resources in terms of utilisation and cost, while minimising waste and carbon footprint".
End-to-end covers the entire supply chain process: from product design and raw material sourcing to manufacturing, delivery of the final product and after-sales service (including end-of-life disposal).
To be successful, there needs to be a strong alignment between corporate strategy and supply chain strategy, with a good understanding of the key priorities.
It's therefore important to first know what are the company's ESG material topics (and thus priorities) before launching a supply chain strategy.
The materiality assessment is a tool that can help companies determine how to prioritise diverse environmental, social and governance (ESG) issues by identifying which issues matter most to the business success of the company and the company's stakeholders. After identifying the SDGs that have the greatest impact in terms of risks and opportunities, companies should determine the supply chain levers/solutions to scale and improve impact in terms of procurement, manufacturing, logistics and distribution.
12% to 23%
of overall value chain revenue can be added by investing in sustainable supply chains.
(EY)
- The most widely used framework for implementing sustainability practices from both company and supply chain perspectives is the triple bottom line (TBL). The triple bottom line (TBL) is a concept that suggests that a company's success should be measured not only by its financial performance (profit or economic value) but also by its impact on social and environmental factors.
- Learn more about the Materiality assessment.
ECOCERT is pioneer and a world leader in the Certification of organic and sustainable products in the agri-food, cosmetics and textile industries. Through its consulting and training expertise, ECOCERT can also assist stakeholders in the implementation and promotion of sustainable practices, especially with the de-risking of their supply chain.
With operating capabilities in 130 countries and with 2200 employees, ECOCERT global footprint helps companies with consistent high-quality services all over the world.
Givvable is an automated data platform that helps organisations understand the sustainability profile of their suppliers and supply chain. It captures, tracks and reports on the credentials of suppliers, that are the strongest indicators of whether a supplier is taking action on sustainability. Givvable covers local to global and SME to MNC suppliers, ensuring it has the widest coverage of supplier sustainability data globally.
Givvable will help you:
Sustainable Gaia is a sustainability consultancy for strategy, reporting, training and research. We help organizations in their sustainability endeavours in the following ways:
SustainableSG was started in September 2018 to accompany companies, non-profit entities and government agencies to review and implement effective and sustainable corporate strategies. Our services include:
Sustainao supports companies in their sustainability journey by building an impactful strategy, embedding sustainable practices across operations, and reporting performance to stakeholders.
Our sustainability consulting services are designed in a continuous improvement process:
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ACTIVATE - DESIGN - ACCELERATE. Our expert consulting services and trainings help business leaders understand the complexities of sustainability, consider climate- and nature-related risks and opportunities to make informed decisions and alleviate the administrative burdens of:
We work directly with SMEs or collaborate with other sustainability consulting companies on specific projects. We are actively involved in networks of sustainability professionals who share knowledge with public and educate other professionals to bring awareness and accelerate the transition in Singapore and worldwide (incl. The Matcha Initiative, Climate Fresk, etc.).
Our unique strength stems from understanding sustainability from the risk management perspective, creating a business case and using financial reasoning to adopt sustainable business practices and decarbonize.
We support teams and organisations in developing resilience - integrating social and environmental value as a core strategic imperative. Together, we build in more sustainability.
We focus on 3 areas to optimise and create the enabling conditions for the change we need to transform our world.
Awareness:
Navigating complexity, Strategic conversations and aligning action through
Support you and your team to envision and understand implications and possibilities through
At Tulyā, we are accredited sustainability consultants holding certifications in GRI, SASB and TCFD (now IFRS-ISSB), and ISO 14064 GHG Lead Verifiers, alongside being Singapore Certified Management Consultants. We are dedicated to driving sustainable business development across industries through Sustainable Management Accounting.
We help MNCs with:
We help SMEs with: