At the EcoVadis Sustain 2021 Conference held in March, senior supply chain executives and various speakers spoke of the opportunity of “building back better” in the new normal of business. Speakers talked about rethinking of existing supply network strategies that place equal weighting on lowest cost along with that of carbon reduction. In a recent interview this Editor had with Pierre-Francios Thaler, Co-Founder and Co-CEO of EcoVadis after this conference, he reinforced that the tipping-point of more climate action was already occurring over the past 12-18 months. His prediction was that supply chain executive leaders will indeed have to take on a higher leadership profile role regarding CSR objectives and working plans. Thaler also mentioned the more active attention that equity investment firms currently have on the sustainably ratings of individual companies and industries.
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