Procurement Magazine October 2024 | Page 229

In 2023 , DP World initiated an assessment of the impact of the Corporate Sustainability Reporting Directive ( CSRD ), based on the defined thresholds , and is continuing this work throughout 2024 .
Environmental metrics include reductions in carbon emissions ( Scope 1 , 2 , and 3 ), energy consumption savings and improvements in waste management .
For example , it reports against 11 categories under Scope 3 and aims to continuously improve reporting by moving more sub-categories to unit-based calculations .
Operational metrics involve measuring improvements in operational efficiency , such as increased cargo handling speeds , reduced equipment downtime and enhanced safety records . These help to quantify the direct benefits of new technologies in daily activities .
Key financial indicators include return on investment , total cost of ownership and cost savings generated from technological innovations . These metrics are crucial for evaluating the economic viability and financial benefits of investing in new technologies . procurementmag . com 229