EcoVadis
JULY 19, 2019
As corporate responsibility attracts more attention, companies are not only making individual commitments to driving supply chain sustainability improvements — such as BMW ’s recent pledge to stop purchasing Congo cobalt — they’re also working with peers and competitors in their respective industries to accomplish sustainability-related goals.
Supply Chain Shaman
JANUARY 9, 2017
It is unrealistic to think that vendors like Infor, Microsoft, Oracle, and SAP will ever work together to erase the dark holes of information in the supply chain. One dinner participant laughed as he said, “The more efficient we try to make procurement, the more we screw it up!” ” I nodded my head in agreement.
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Logistics Viewpoints
AUGUST 21, 2023
Procurement managers are now asked to address ESG issues in their sourcing and foreign manufacturing operations. Meanwhile, trade compliance managers are tasked with ensuring that the procurement department is following the rules. This article will focus on European Union trade regulations because the EU leads in this area.
EcoVadis
NOVEMBER 1, 2018
In practice, however, companies can create profound contributions to SDG 16 through their sustainable procurement programs. We can recall that the biggest spend category of Financial Services sector is information technology, which largely involves the purchase of IT equipment. Here’s why: Unveiling Supply Chain Risks. Taking Action.
EcoVadis
DECEMBER 7, 2018
With around 50 percent of the world’s reserves held by the Democratic Republic of the Congo, cobalt, commonly used in automotive and electronic products, requires particular attention. Umicore, a global materials technology and recycling group, introduced its Sustainable Procurement Framework for cobalt.
EcoVadis
NOVEMBER 8, 2018
Early adopters of ethical automobile manufacturing and procurement practices are more likely to perform well in a global economy where the ethical consumption is rapidly becoming a significant market force. Failure to do so could result in increased risk reputational damage and decreased stock prices.
EcoVadis
APRIL 21, 2011
The International Chamber of Commerce defines it as “voluntary”, whereby nothing is holding companies to take sustainable procurement actions. There are currently many EU initiatives supporting this development including Procura+ , the European Sustainable Procurement Campaign. That is, as of yet.
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