SUSTAINABILITY - NET ZERO n today ’ s global market , 95 % of Fortune 500 companies publish detailed information surrounding their environmental , social , and governance ( ESG ) efforts . This follows on from increased governmental and regulatory pressure , which demands more transparency and accountability from individual businesses if they want to thrive . It ’ s something of which many CEOs and high-up officials are acutely aware .
“ Most big companies today are committed to ESG activities ,” says Bob Glotfelty , Chief Growth Officer at Taulia .
In recent years , it has become very clear for many that 90 % of an organisation ’ s impact surrounding ESG isn ’ t related to its direct activities , but instead comes from their supply chain .
“ Those that are having a true impact , acknowledge the role that the supply chain plays in climate change , and the need to look beyond your own four walls . This is where procurement comes into play . It is where organisations have the ability to drive preferred behaviour within their supply chains ,” explains Glotfelty .
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