Regardless of industry sector or regional base, supply chains give rise to climate and social risks worldwide — and are a source of high energy use, waste accumulation, biodiversity loss, global greenhouse gas emissions, and human rights abuses.
The world will not achieve net-zero targets or the UN’s Sustainable Development Goals without transforming the impact of global, regional and domestic supply chains that helps create a fair and equal society for everyone. And as companies feel increasing pressure from stakeholders, business leaders have started taking a critical look at their supply chains with an ESG lens.
Not having the appropriate technology, data insights and tools to effectively measure and track ESG initiatives, combined with a lack of skills and expertise, can make it difficult for companies to deliver on their ESG goals. This can lead to stakeholder skepticism, reputational harm and corresponding financial impacts.
KPMG firms understand these risks and opportunities and our supply chain and procurement teams can help you improve the sustainability of your operations and allow you to effectively monitor, manage and report on ESG-related issues, providing a clearer picture of your supply chain risks.
KPMG teams can help you to transform your supply chain to become more ethical, sustainable and transparent — enabling you to make more informed buying decisions, collaborate better with your suppliers and become more accountable for your environmental footprint.
