Sustainable Procurement News
Latest news, trends, ideas on Sustainable / Responsible Procurement and Green Supply Chain from EcoVadis
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New reporting guidelines set benchmark for palm oil transparency

New reporting guidelines set benchmark for palm oil transparency | Sustainable Procurement News | Scoop.it

Recently launched, the 16-page Reporting Guidance for Responsible Palm was jointly developed by green groups, sustainable investment advocates, and human rights organisations, with input from the private sector.
The guidelines lay out 21 indicators that palm oil growers, processors, and traders (GPT) should include in their corporate reporting.

EcoVadis's insight:

This guideline will help oil companies, manufacturers, and retailers communicate their sustainability efforts in a transparent way; are you following this guidance?

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IHS Survey Reveals More than One-Third of Companies Completely Unprepared for US Conflict-Minerals Rules | IHS Online Pressroom

IHS Survey Reveals More than One-Third of Companies Completely Unprepared for US Conflict-Minerals Rules | IHS Online Pressroom | Sustainable Procurement News | Scoop.it

With time running out until U.S. component manufacturers are legally required to disclose their usage of conflict minerals to the federal government, many companies are woefully unprepared for the new regulations, with more than one-third of firms indicating they haven’t even commenced compliance planning, according to a survey from information and analytics provider IHS (NYSE: IHS).

EcoVadis's insight:

Complying with the requiements of Section 1502 of the Dodd Frank Act implies a range of profound organizational changes with respect to supply chain management. As the survey shows, many companies feel ill-prepared to adopt internal measures  to cope with the reporting requirements by by May 2014...

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The Strategic Sourceror: Supply chain disclosure varies between companies

The Strategic Sourceror: Supply chain disclosure varies between companies | Sustainable Procurement News | Scoop.it

According to a new report from analyst firm Verdantix, some electronics companies headquartered in Asia take greater strides to report the environmental achievements in their supply chains than others.

EcoVadis's insight:

Supply chain transparency in reporting is on the rise, but still challenging and undefined for many companies. Electronics companies which oftern outsource large percentage of their production should absolutely be the front runners, but apparently they are not all on board.

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Reporting supply chain sustainability: a myriad of metrics

Reporting supply chain sustainability: a myriad of metrics | Sustainable Procurement News | Scoop.it
There are more than 2,500 different metics used to measure sustainability in supply chains, bringing both challenges and opportunities for business
EcoVadis's insight:

New study found that 2500 KPI's are available for sustainable supply chain ! Luckily EcoVadis is making this a bit simpler by transforming those category specific metrics in simple 1-100 scores to be used by purchasing managers.

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New CDP report suggests suppliers lag behind on sustainability

New CDP report suggests suppliers lag behind on sustainability | Sustainable Procurement News | Scoop.it
CDP research suggests that companies moving beyond mandatory reporting are also reducing emissions more and saving money – but suppliers aren't keeping up
EcoVadis's insight:

The new CDP supply chain report 2012 shows that transparency is somehow linked to CO2 emission reduction, which seems straightforward. However, much remains to be done as only a third of surveyed suppliers have clear reduction targets and first and foremost supplier engagement towards great transparency is key as more than 60% of suppliers never responded to the survey.

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