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Investors Urged To Engage With Banks To Back Low-Carbon Transition

Investors Urged To Engage With Banks To Back Low-Carbon Transition | Sustainable Procurement News | Scoop.it
A new report from London-based investment advisory ShareAction has called on investors to use their voting rights to urge banks to play a more proactive role in the transition to a low-carbon economy, by “providing the major injections of capital required to finance technologies, infrastructure and the transition of traditional industries, as well as to cover the costs of adaptation.” Figures from the International Energy Agency estimate that $359 trillion worth of investment is required by 2050 to ensure the world avoids global warming exceeding 2°C.
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Sustainable Procurement News
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Renewable Diesel Maker Neste Lines Up Four Calif. Distributors 

Renewable Diesel Maker Neste Lines Up Four Calif. Distributors  | Sustainable Procurement News | Scoop.it
“Neste brings great value to our company by offering a consistent supply of quality renewable diesel with a definite branding potential, along with an exclusive supply arrangement for our designated marketing area,” comments Ron Van De Pol, president of Van De Pol Petroleum.
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Garnier sets its sights on being the world number-one in natural beauty 

Garnier sets its sights on being the world number-one in natural beauty  | Sustainable Procurement News | Scoop.it
Garnier has also brought in a strict sustainable sourcing policy: “It’s vital for us that raw materials should be sourced in an ethical, responsible and planet-friendly way. That’s why we carefully select suppliers whose methods comply with our specifications.” A great illustration is Garnier’s Burkina Faso subsidiary, which supplies the brand with shea butter. Not only does the outfit provide a livelihood for 300 local women but it also sources ingredients as sustainably as possible, using highly efficient cookstoves to prepare the shea nuts. To prevent energy insecurity and deforestation, over 5,000 improved-efficiency cookstoves were distributed to replace traditional stoves. This has saved over 10,000 tonnes of firewood – the equivalent of 10,000 tonnes of CO2 emissions.
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Teijin revises its CSR procurement guidelines

Teijin revises its CSR procurement guidelines | Sustainable Procurement News | Scoop.it
Teijin has completely revised its CSR procurement guidelines for strengthening its procurement initiatives, which the company positioned it as one of CSR materiality in 2016.
By referring to upcoming ISO20400 on sustainable procurement and other international standards, the new guidelines specified more detailed efforts regarding human rights and labour in supply chains such as "Forced labour", "Child labour and young workers", "Foreign workers", "Working hours and holidays", "Wages and benefits", "Discrimination", "Harassment" and "Freedom of association”.
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India's changing supply chain 

India's changing supply chain  | Sustainable Procurement News | Scoop.it
In speaking to the Asia supply chain director for a multinational FMCG company, this view was confirmed. He projects that his company may close as many as half of the more than twenty distribution centers in the country. In addition to the cost savings, this executive pointed out the non-negligible decrease in inventory working capital by eliminating so many stock positions. There is also a significant simplification in the planning process for replenishing the distribution centers. He went further to explain that the small distributors that feed the deep trade channel in India are always cash-constrained, so having large, delayed deliveries would be unsustainable for these companies. This imposes a limit on how much distribution consolidation can occur.
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How the change in India will affect your supply chain and procurement practices?

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Blockchain and Supply Chain a Beautiful Amalgamation

Blockchain and Supply Chain a Beautiful Amalgamation | Sustainable Procurement News | Scoop.it
Supply Chain industry will be early adopters of Blockchain, because of Shared Digital Ledger Technology. This protocol enables proof and transfer of the ownership from one entity to another entity without intervention of third party for example Banks. The value transferred at each point in the chain is chronologically recorded which will be updated and validated with each transaction, resulting in a secure, permanently recorded exchange. You also will get better traceability of any product at that point of time.
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How do you use blockchain in your supply chain management? 

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Choptank Transport joins Blockchain in Trucking Alliance

Choptank has invested heavily in the latest transportation technologies as the needs and expectations of its customers have grown. Transparency, efficiency and real-time information exchange is no longer optional in the supply chain, it is a requirement for most of today’s shippers. Choptank uses several different platforms to track and trace its shipments, depending on the customer’s needs, such as Trucker Tools and MacroPoint.
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THE PERSUASIVE POWER OF TRANSPARENCY

THE PERSUASIVE POWER OF TRANSPARENCY | Sustainable Procurement News | Scoop.it
Since studies show that cost transparency significantly boosts buyers´ interest, shouldn’t retailers and service providers implement it? In fact, some retailers already do. Everlane, a San Francisco-based online clothing shop, discloses production variable costs as well as images and descriptions of the factories where products are made. Another example is Honest By, a Belgian fashion retailer whose website provides detailed supply chain information for each component of a garment, right down to the thread.
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Sustainability Surveying is crucial for your business and SRM.

Sustainability Surveying is crucial for your business and SRM. | Sustainable Procurement News | Scoop.it
Where the real challenge lies is in the actual engagement between buyer and suppliers during periods of surveying, assessment and evaluation. Suppliers could be receiving multiple surveys simultaneously, speak multiple languages or have difficulty understanding the language used in the surveys. Taking these elements into mind before surveying the sustainable competencies of a supplier are very important for the outcome of sustainability surveying.
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Tell us how do you gather your sustainability data?

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Supply chain indicators to watch this Black Friday

Supply chain indicators to watch this Black Friday | Sustainable Procurement News | Scoop.it
So what should supply chain managers be looking out for this season? First and foremost, make sure the right amount of inventory is available and avoid stock-outs. This has proven difficult for retailers in the past as they worked to balance inventory between storefronts and online. Last year, Walmart increased its online inventory by more than half in time for Black Friday. The goal was to increase online sales but also to ensure there was enough inventory. A few years ago, Target ran into problems with stock-outs and as a result has been improving its inventory management.
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Erasing modern slavery is a slow process, but it catches on in Australia  

Erasing modern slavery is a slow process, but it catches on in Australia   | Sustainable Procurement News | Scoop.it
It is proposing that in Australia there be penalties for failure to report supply chain information with the publication of the names of companies, businesses, organisations and government bodies that do not comply with the supply chain reporting requirements. The committee suggests an “opt-in” system where smaller businesses can report their supply chain investigations.
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What do you think of the Australian measures to tackle modern slavery within the supply chain and procurement industry?

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IoT, data and connectivity for sustainability – looking ahead

IoT, data and connectivity for sustainability – looking ahead | Sustainable Procurement News | Scoop.it
It can’t be denied that sustainability has gained far more attention in recent years, certainly on the mentioned level of ecology, natural resources, the natural ecosystem, climate, pollution, energy consumption and the overall natural environment in which we have that privilege to work and live.
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How do you think IoT and new technologies can make your business more sustainable?

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Top 10 brands with the best green supply chains

Top 10 brands with the best green supply chains | Sustainable Procurement News | Scoop.it
A green supply chain is conducive to environmental protection. As core enterprises with strong corporate social responsibility tend to select suppliers with remarkable green performance, more suppliers will be forced to meet environment protection rules to promote green production modes.
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From Apple to Puma, what do you think of this new ranking? 

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Unison adds weight to calls for transparency in Schuh's supply chain

Unison adds weight to calls for transparency in Schuh's supply chain | Sustainable Procurement News | Scoop.it
“Working conditions in the garment industry are often hidden from us because most brands keep their supply chains secret. This needs to change. We all want Schuh to provide fair pay and good working conditions for workers in Livingston but this should also apply to those across the world who make the products they sell.”
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How can the garment industry be more transparent about their supply chain? 

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Trucks at Georgetown Toyota facility to be fueled by natural gas

Trucks at Georgetown Toyota facility to be fueled by natural gas | Sustainable Procurement News | Scoop.it
 Clean Energy Fuels Corp. announced today that Ryder System Inc., a leader in commercial fleet management, dedicated transportation, and supply chain solutions, has awarded Clean Energy a four-year fueling contract for a fleet of liquified natural gas (LNG) heavy-duty trucks that move goods for Toyota Motor Manufacturing, Kentucky, Inc., Toyota’s largest manufacturing facility in North America located in Georgetown, Ky. Clean Energy will open a station in Georgetown to fuel the trucks that are expected to consume approximately 380,000 gasoline gallon equivalents (GGEs) each year.
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Apple’s iPhone X assembled by illegal student labour

Apple’s iPhone X assembled by illegal student labour | Sustainable Procurement News | Scoop.it
The six said they were among a group of 3,000 students from Zhengzhou Urban Rail Transit School sent in September to work at the local facility run by Taiwan-based Apple supplier Hon Hai Precision Industry, better known as Foxconn.
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Child and forced labor have become major in supply chain management. How do you ensure your business is not directly or indirectly involved in such practices? 

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We Are Still In and We're More Committed than Ever

We Are Still In and We're More Committed than Ever | Sustainable Procurement News | Scoop.it
Joining Microsoft in Bonn were leaders from a wide array of industries. Mars, Incorporated, explained the economic reasoning behind their $1 billion sustainability pledge. Patagonia underlined the overwhelming business case for incorporating sustainability into their supply chain. Target and Walmart highlighted the importance of renewable energy procurement. And Fetzer Wines showcased their innovative carbon sequestration system -- a practice that earned them one of this year’s Momentum for Change awards from the UNFCC.
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Many big companies around the world are committing to climate change actions. This will inevitably bring change to the supply chain and procurement industries and so on the long-term. What are your views on those companies' actions? 

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Amazon touts success of recyclable packaging, some customers not convinced

Amazon touts success of recyclable packaging, some customers not convinced | Sustainable Procurement News | Scoop.it
This "Amazon effect" has become a common term in the recycling industry in recent years, as the company's distinctive boxes can be spotted outside many buildings. Opinions differ on whether this has actually resulted in more cardboard packaging, or just diverted it from the back of retail stores to curbside carts, but it's clear that Amazon's role in the U.S. recycling stream is an increasingly large one. With the company's recent acquisition of Whole Foods, it will now play an even bigger role in the supply chain, for better or worse.
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Three Ways to Build a Stronger Supply Chain

Three Ways to Build a Stronger Supply Chain | Sustainable Procurement News | Scoop.it
Those relationships also require an investment of time and effort. By strengthening your supplier relationships, you strengthen your entire supply chain. There are three ways to build a stronger supply chain: communicate clearly and frequently, be trustworthy, and implement tools that help you put the previous two components into place. Read on to learn how EDI outsourcing helps you accomplish all three of those tasks.
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Ferrero Joins UN Effort To End Cocoa Deforestation

Ferrero Joins UN Effort To End Cocoa Deforestation | Sustainable Procurement News | Scoop.it
The company said it has committed to the ‘Frameworks for Action’ set out at the UN Climate Change Conference (COP23) in Bonn. The goal of the framework is to improve forest protection and restoration, sustainable cocoa production and farmer livelihoods.
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Great commitment against deforestation from our client Ferrero. The company shows that being sustainable does not only mean looking at environmental impacts but also at social ones lying within your supply chain. 

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Modern Slavery Act – Reforming The Referral System For Victims - Government, Public Sector - UK

Certain public authorities, including local authorities, councils, police and the National Crime Agency, are under a duty to notify the Home Office where they suspect a person is the victim of slavery or human trafficking. Employees who suspect modern slavery may be happening in their business or within their businesses supply chain, are also encouraged to make a referral.
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What do you do to eradicate modern slavery from your supply chain? 

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"Desperate" factory workers are hiding secret messages in Zara clothing tags

"Desperate" factory workers are hiding secret messages in Zara clothing tags | Sustainable Procurement News | Scoop.it

In 2015, Inditex faced fines of up to £5.29m from the Brazilian government for failing to deal with child labour and sweatshop conditions in its supply chain.
Inditex told Refinery 29 that it is working on a “hardship fund” for all the workers affected by the Bravo factory’s closure.

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Seems that Inditex is still facing supply chain issues. How do you tackle with such situations?

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Analytics self-enablement is key to drive digitization in the supply chain

Analytics self-enablement is key to drive digitization in the supply chain | Sustainable Procurement News | Scoop.it
Traditionally, supply chain organizations have depended on transactional software that largely prescribed the way of operating through preconfigured screens and processes implemented by external consultants and internal IT departments. But this traditional way of operating is falling short and cannot keep up with the speed and complexity of change in today’s business reality. Digital transformation is impacting business and supply chains at their core, and as such, it is essential that supply chain organizations take charge of their digital strategy and execution.    
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Cargo Reliability Makes Supply Chain Management Work

Cargo Reliability Makes Supply Chain Management Work | Sustainable Procurement News | Scoop.it
Although a few days delay or a cancelled sailing is critical to an auto or other manufacturing company needing a certain part or raw material in order to get their own products to market, it has no effect on how carriers rate 'reliability;” a voyage that never begins can neither be late nor on-time, but the effect on supply chains is clear: that carrier is far less reliable. 
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Have you assessed the impact of transportation within your supply chain?

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Post Dubai Air Show- Industry Euphoria and Supply Chain Challenges

Post Dubai Air Show- Industry Euphoria and Supply Chain Challenges | Sustainable Procurement News | Scoop.it
From a supply chain ecosystem perspective, both manufacturers continue to pressure major suppliers for price concessions, with multi-year assurances of volume as the bargaining chip. But, as this blog and industry-focused media continue to observe, the supplier base is consolidating with increased M&A activity, the latest being United Technologies large-scale acquisition of Rockwell Collins that umbrellas many Tier One component products.
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J.B. Hunt, Walmart order Tesla Semi truck hours after release

J.B. Hunt, Walmart order Tesla Semi truck hours after release | Sustainable Procurement News | Scoop.it
The drive to create a more sustainable supply chain is kicking into full gear, buoyed by increasingly lower energy costs and improved energy storage technologies. By transitioning to electric vehicles, companies including UPS, J.B. Hunt and Walmart can reduce operating costs and greenhouse gas emissions at once for a dual benefit.
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