Not a month goes by without a media campaign linking the supply chain of a well-known brand with unsavory labor practices or environmental mismanagement. Such exposés can devalue brands and reduce well-meaning corporate sustainability initiatives to hypocrisy. Beyond financial and reputational risks, a corporation that doesn’t know its supply chain can be caught flat-footed when the regions it sources from are rocked by political and environmental upheaval.
Question: Does a corporate sustainability program “cost” (and thus shows up on the “expense” side of the ledger) or are there measurable “returns” on the investments that companies are making to develop or adjust strategies, assemble teams and launch sustainability programs? (Especially those that have set goals and where progress is measured and then publicly reported.)
We frequently hear this kind of discussion in the phone calls we have with corporate managers, especially those at companies where management is now considering what to do or perhaps just starting out on their sustainability journey.
We frequently hear this kind of discussion in the phone calls we have with corporate managers, especially those at companies where management is now considering what to do or perhaps just starting out on their sustainability journey.