SOURCE-TO-PAY ( S2P )
Ivalua
Overview
WATCH NOW might surprise them in terms of actual carbon impact and Ivalua can help them to change and innovate to reduce their carbon footprint .
“ If , for example , you measure the United Kingdom ' s carbon output , we ' re fairly low down on the global stage , representing about 1 % of the global total . But if you look at it in terms of what we consume and what impact we have across the chain , it ’ s far more consequential than many would assume . Companies are no different .
“ The big question is : ‘ Do you believe that sourcing decisions will get affected heavily by the carbon impact , or is it still
1 % The United Kingdom ’ s contribution to the global total carbon output – on the face of it always going to be a financial decision ?’. My answer to that is that sustainability is increasingly becoming an unavoidable subject , simply because your investors , your customers , and your employees all care about the impact of carbon emissions .”
The future of S2P When asked about his thoughts on the future of S2P , Thompson replies that structurally , he believes it ' s going to be the same . He emphasises that many companies can get lost in notions of technology suddenly quantum-leaping , and this becoming a sci-fi world , which he says is “ really just not true ”.
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