Supply Chain

Supporting Suppliers En Route To More Responsible And Sustainable Sourcing

To increase overall ESG scores and hit ambitious targets, firms are finding the fastest path to success can be to support suppliers in their own development. By William Bell

As costs rise across almost every major category, consumers are becoming more intentional about their spending. They want to be sure their dollars are supporting firms that share their values. This has put a sharper light on ESG scores and responsible sourcing practices at a time when many firms are finding it difficult to accurately assess whether or not their suppliers are capable of meeting standards and maintaining a reliable flow of goods and materials.

In fact, some 65 percent of CFOs an....