Procurement Magazine April 2024 | Page 141

SUSTAINABILITY
INFORMATICA AND ITS NET ZERO STRATEGIES
But it is important to note that achieving net zero doesn ’ t lie in Scope 3 alone . Regulations such as the German Supply Chain Act and the EU ’ s Corporate Sustainability Due Diligence Directive mean that companies need to have robust due diligence across the entire procurement process to meet multiple requirements .
With this in mind , Ergin stresses the importance of an intelligent , data-first approach that enables the function to collate , clean , store and analyse data at scale across the supply chain . “ Good data management is at the heart of staying
“ At Informatica , we ’ re committed to one another and to our customers , partners , vendors and shareholders – all of whom are integral to our business . We aim to operate a holistic sustainability program that supports long-term business growth , value creation and communities worldwide .
“ Our commitment to the environment , our people and communities and corporate governance is woven into our culture . We are on a clear path to continuously enhance our contribution to sustainable development for the benefit of all our stakeholders .” – Levent Ergin , Global Chief ESG Sustainability Strategist at Informatica
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