Supply chain responsibility is rapidly becoming a strategic sustainability issue for an increasing number of companies. Managing social and environmental impacts and ensuring good governance in supply chains can prevent reputation and regulatory risks.
Sustainable procurement practices can also bring several benefits to organisations. These may include higher efficiencies and continuous improvement in productivity, quality and reliability of value chain partners. Implementing sustainability principles in supply chains helps companies to offer more sustainable products and services to customers. A responsible supply chain can win investor confidence and can help companies meet stakeholders’ expectations.
Recognizing the significance of Supply Chain Sustainability, the Global Reporting Initiative (GRI) has included new disclosure requirements in their latest GRI G4 Sustainability Reporting Guidelines. Reporting companies now urgently need to assess their value chain, review their procurement practices and take actions to meet the emerging reporting requirements.
This course is designed to help organisations to implement effective supply chain sustainability strategies and to meet the new GRI G4 reporting requirements.