ESG

ESG

Navigating ESG: A Platform for Transparency in Supply Chains

The importance of Environmental, Social, and Governance (ESG) performance cannot be overstated in today’s rapidly evolving business and financial landscape. ESG has transitioned from a mere buzzword to a defining factor influencing a company's cost of capital and its access to financial resources. Corporations now find themselves under increasing pressure to not only measure and...

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US-Based Electric Vehicle Demand Shifts Automaker’s Supply Strategies

Despite continued electric vehicle (EV) growth and adoption in Europe, United States automakers are taking a different path. Just a year ago, the entire world was in full pursuit of moving to electric vehicles. Well, in the United States, at least, those times have changed. Pair rising inflation with the high price of EVs, and...

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FAQ about California’s SB 253: Know What’s Required for your Business

California’s landmark Climate Corporate Data Accountability Act (aka SB 253) was signed into law on Oct 7, 2023. This legislation brings significant changes to the landscape of greenhouse gas (GHG) emissions reporting and will likely impact your company’s supply chain management. For help navigating compliance and understanding SB 253’s implications, this FAQ aims to provide...

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Climate Corporate Data Accountability Act

California’s SB 253: The New Future of Supply Chain Transparency and Corporate Responsibility

The passing of the Climate Corporate Data Accountability Act (aka SB 253) into law in California is shaking the very foundation of business transparency. It will permanently alter the landscape of environmental responsibility, the aftershocks of which will be felt for years to come. This groundbreaking legislation was proposed in January 2023, requiring stricter greenhouse...

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Power of the Network for Direct Procurement

Shifting Gears: Electric Vehicle Revolution Triggers Transformations in Automotive Supply Chains

The soaring popularity of Electric Vehicles (EVs) has changed the face of the automotive industry forever. Recent EV sales figures in Europe indicated a 40% increase over the last five months. However, manufacturers face significant challenges as they strive to produce vehicles rapidly in response to the spike in demand. Panasonic recently recognized the need...

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A Thought Experiment: EV Supply Chains, ESG, and Why It’s Hard to Change Sourcing

Despite increased interest from the public, world governments, and international investment firms, the electric vehicle (EV) industry remains something of a speculative market. It’s clear that there is a huge demand for EVs, especially with global greenhouse gas (GHG) emissions continuing their yearly upward trend. However, due to a tangled web of variables, the logistical...

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Earth Day 2023: Sustainability in the Supply Chain

Since e2open began publishing an annual environmental, social, and governance (ESG) report in 2021, much has changed, yet in some ways nothing has. That fiscal year included the bulk of initial disruptions from the Covid-19 pandemic, and though global supply chains have significantly adapted, disruption is now paradoxically routine. The events of the last few...

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transportation logistics

Supply chain traceability: Key to the world’s largest markets

Supply chain traceability has long been a niche need for companies that wanted extra quality control measures, sought to avoid import tariffs, or wanted to qualify their imports for preferential trade status. These are still important considerations, but traceability in the supply chain is gaining momentum to address other risks. A spate of new legislation—proposed...

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Tracking and Reducing Transportation Emissions: Better Data, Better Decisions, and Better Compliance

Talk of greenhouse gas emissions seems to be everywhere today, from the shop floor to the boardroom. Not only do emissions factor heavily into the environmental, social, and governance (ESG) metrics investors care about, but it looks ever-more-likely that being a carbon emitter will soon have a direct economic cost. The prospect of normalized carbon...

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