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 EN

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.


About the Author

EcoVadis EN

EcoVadis is a purpose-driven company dedicated to embedding sustainability intelligence into every business decision worldwide. We offer a full range of solutions including IQ-Plus Risk & Compliance Management, EcoVadis Ratings, and Carbon Action Module for Scope 3 Decarbonization. Key features like 360/Live News Monitoring, Academy E-learning and Corrective action plans help companies comply with ESG regulations, reduce GHG emissions, and improve the sustainability performance of their business and value chain across 250 industries in 185 countries.

Follow on Twitter Follow on Linkedin Visit Website More Content by EcoVadis EN
Previous Article
Sustainability Ratings Key to Monitoring Supply Chain Resilience Leading Up to the COVID-19 Crisis
Sustainability Ratings Key to Monitoring Supply Chain Resilience Leading Up to the COVID-19 Crisis

EcoVadis, the world’s most trusted provider of business sustainability ratings, released today the fourth a...

Next Article
Supply chain sustainability sparks resilience, recovery and growth
Supply chain sustainability sparks resilience, recovery and growth

The criticality of business sustainability has never been more pressing. Momentum for the “purpose economy”...