ESG
“ Naturally , these more urgent , pressing issues for supply chain and procurement leaders have forced the sustainability agenda once again into the back seat ; the looming and overwhelming threat of climate change is , after all , not as immediate a problem as ballooning day-to-day costs for both businesses and consumers alike .”
Nevertheless , Perera says that , with 2023 almost upon us and the planet looking less and less likely to avoid careening towards hotter temperatures – in fact , we now have a 50 % chance of exceeding the 1.5 ° C-abovepre-industrial-temperatures limit before we even see 2030 – there has never been a more important time for ESG goals to be at the top of the corporate agenda . And procurement has a unique opportunity to lead the way . greenhouse gas emissions , water security needs to move rapidly up the agenda of business leaders ,” says Perera .
The UN predicts a 40 % global shortfall in water supply by 2030 if current consumption and production patterns fail to change , while analysis by NASA suggests that 13 of the world ’ s 37 largest aquifers have been depleted to the point where regional water availability is threatened .
“ Water is an essential resource for many companies , especially those that have
Top of the CPO ESG agenda for 2023 “ In an environmental sense , while there ’ s plenty of much-needed talk about reducing
134 January 2023