Business Reporter: Sustainable Supply Chains Won't Just Help the Planet Survive, They Can Also Protect Your Business During a Pandemic

June 2, 2020 EcoVadis ‏‏‎

In an article for Business Reporter, Pierre-Francois Thaler, co-CEO and co-founder of EcoVadis, points out that sustainability in supply chains isn't just good for the planet, it can also generate revenue for those who buy into it. Indeed, 88 percent of studies have found that companies adhering to social or environmental standards experienced greater operational success. But a global pandemic represents huge challenges to supply chains. Procurement teams might end up inadvertently using less reputable sources in the rush to find alternative supplies, for example, leading to issues later down the line. Vendors could be hit by a data breach, or a critical plant closure. Any additional and preventable threats that disrupt supply continuity or damage brand reputation could be devastating.


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EcoVadis ‏‏‎

EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Backed by a powerful technology platform and a global team of domain experts, EcoVadis’ easy-to-use and actionable sustainability scorecards provide detailed insight into environmental, social and ethical risks across 200+ purchasing categories and 160+ countries.

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