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Trade Rules are Increasingly Environmental, Social and Governance Rules

Logistics Viewpoints

Environmental, social and governance issues are increasingly finding their way into trade policy. Increases in business process outsourcing means that human rights and environmental violations are no longer only an internal company matter, companies are expected to monitor their end-to-end inbound supply chains.

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E2open Releases Annual Environmental, Social, and Governance Report

E2open

While the new report highlights e2open’s growth in environmental and social impact, it also outlines the pivotal role our multi-enterprise data plays in helping customers achieve ESG-related goals like reducing greenhouse gas (GHG) emissions, risk mitigation, and protection of human rights through global trade and supply chain compliance.

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RS Group releases report on its activities and strategy for Environmental, Social and Governance

Synovos

The initiative currently includes 20,000 products that make it easier for individuals and businesses to make more informed decisions about the sustainability and potential positive environmental impact of different products from RS’ suppliers and partners. RS is also aspiring to grow this range to 100,000 products globally by 2024/25.

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Top 7 Logistics & Transportation Management Capabilities That Drive Sustainability

Talking Logistics

In fact, 64% of CFOs believe that an Environmental, Social, and Governance (ESG) program can improve their company’s financial performance. There is a rising trend towards incorporating sustainability in supply chains growth strategies, particularly as economies transition towards a post-pandemic outlook.

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Sustainability Trends That Will Make the Biggest Impact on Your Organization

Speaker: Jit Hinchman, Founder & President at Supply Chain Adviser™ and Sustainable Supply Chain Global Ambassador

investors believe that companies with strong Environmental, Social, and Governance (ESG) practices will be more profitable. Report Linker (2020) mentioned that the global cleantech market will grow by more than 50% from 2020-2027 and Morgan Stanley (2019) pointed out that investors want to make a positive impact in the world.

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Watch: Building ESG on Pillars of Trust, Transparency and Contract Transformation

Supply Chain Brain

Bernadette Bulacan, chief evangelist with Icertis, talks about what’s needed today for companies to comply with environmental, social and governance (ESG) requirements in collaboration with their supply chain partners.

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The Green Corridor: Green Global Trade

The Logistics & Supply Chain Management Society

These numbers drive governments and drive global investment. Recently the UK adopted the “Happy Planet Index” which it feels is much more rounded in terms of actual well being of the people with context to social happiness and environmental health. Why not do the same for environmental practices? Greening Our Trade?