Supply Chain Hazard #5: Sustainability Concerns
To effectively control the sustainability aspect of their supply chain management process, firms simply cannot afford to see the following issues in suppliers: ecologically destructive practices, excessive carbon footprint, energy and non-renewables consumption, just to name a few. Be sure to focus on sustainability in supply chain management by remembering that suppliers’ ecological, financial and ethical impacts are effectively yours. To avoid any negativity associated with your organization, ask suppliers to agree to your global sustainable practices (anti-bribery, corruption), provide total annual carbon emissions in the most recent year, total annual greenhouse gas emissions in the most recent year, a business continuity plan, and publicly available guidelines that address sustainability.