Balancing the carrot and stick for transformation
Call it a carrot and stick, or push and pull. But transformation to more sustainable economies relies on balancing both incentives for innovation and a call for greater transparency. Right now, we’re drowning in efforts to meet the latter, at the expense of the former.
Crunch time for plastics
From food packaging to construction and healthcare, if your sector depends on single-use plastics, your eyes are likely on Busan, South Korea. The city is abuzz, finalizing a global treaty to slash plastic pollution. There’s a lot at stake, with two camps struggling to get their way.
What’s needed to drive supply chain CO2 reductions?
We’re seeing more companies requiring their suppliers to set Science-based targets (SBTs)—a step in the right direction. But are the current levels enough to move the needle on scope 3 reductions? Based on data from some 23,000 companies that disclosed to CDP last year, the CDP / HSBC report, 'Strengthening the Chain' says "not yet."
Fit-for-purpose DMA process
Creating a double materiality assessment (DMA) process is not a one-size-fits-all exercise. Our advice? Design a process that’s flexible enough to evolve with your company. Your industry, team maturity, data capabilities, and impact areas are unique, so let your process capture where you stand in its evolution.
The untapped potential of procurement in sustainable healthcare
With over 80% of healthcare’s climate impact rooted in the supply chain, purchasing is critical to achieving sustainable healthcare. But is public procurement ready to lead this transition? Some regions in Europe are paving the way. Sweden? Not so much, says soon-to-be-published research on Swedish public procurement.
This Supplier Sustainability Day was nothing short of amazing! 🌿
On October 2nd, in Uppsala, Sweden, Cytiva, the global science and technology leader, hosted its first supplier sustainability day, gathering over 100 participants from across Cytiva’s value chain.
The energy in the room was electric, and the innovative ideas from supplier partners left us inspired.
Engage your supply chain in your goals!
Dialogue first. Set shared goals. Understand your suppliers' challenges and their need for support. At The Pivot, we can help you set up events that will trigger collaboration and increase transparency in creative ways.