Investing in Supply Chain Sustainability; Growth for Good

Sustainable business practices are becoming the new standard for global market supply chain giants.

In a world of concerned consumers, supply chains everywhere are investing in the future of sustainability more so than focusing solely on profitability. 

But that's just the thing; If sustainability is the new standard, then is sustainability becoming synonymous with profitability??

According to GreenBiz "Embedding sustainable business practices in the global food and agriculture industry alone could deliver an annual $2.3 trillion windfall, according to one study released last fall by the Business and Sustainable Development Commission." 

And, these strides aren't just being made by your typical "sustainable" brands per se. These are large and notable corporations; the likes of Kellog and IKEA among the group.

This kind of sustainability recommitment will create waves in the marketplace, and is creating a new standard for what it means to be a sustainable brand. Investments in supply chain optimization improve shareholder and stakeholder comfortability with prevention of supply chain risks and consumers concerns with transparency of production. 

Supplier focused initiatives is a growing financial expenditure in large companies and at good cause; when will your company be hopping aboard the hybrid bandwagon??

See inspiration and full article HERE