Seasoning the alphabet soup: Making supplier transparency and procurement compliance more rewarding
Watch our session from The Economist Sustainability Week.
Putting economies and business models on a more sustainable footing is urgent work. Amid ambitious climate disclosure regimes and net-zero goals, regulatory compliance is now a cornerstone of sustainable procurement. As leaders contend with an alphabet soup of legislation, how are businesses and their supply chains making sense of the full suite of European Union (EU) and British rules, policies and standards and innovating within this environment? Following the introduction of rules from the CSRD to CS3D, CBAM, RFI and RFIQ, and Britain’s incoming Procurement Act and as the volume of data points increases, how are businesses adapting—and even thriving—in a compliance-focused setting.