Market Overview: Supply Chain Sustainability
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Executive Summary
Achieving sustainable supply chains is still the main challenge for firms seeking to meet ESG and sustainability goals and ensure business resilience. With climate, economic and socio-political disruptions impacting supply chains, businesses need to understand the difficulties of advancing supply chain sustainability – and appreciate the pace of innovation in this space. This report informs organizations about the varied software types supporting supply chain sustainability data collection, reporting, risk management and supplier engagement, considering how vendor heritage strengthens certain capabilities. Additionally, the report provides software vendors with insights into corporate priorities and a deep understanding of the different players navigating the supply chain sustainability software market.
Table of contents
Regulatory pressure and risk exposure push firms to integrate ESG and sustainability goals in the supply chainUpcoming regulations hold firms accountable for their ESG and sustainability impact across the value chain
Firms increasingly recognize ESG and sustainability issues as risk factors in their supply chains
Blind spots and cost considerations hinder the formation of ESG-aligned supply chains
Effective supply chain sustainability strategies merge accountability, adaptability and resilience
Diverse ESG supply chain goals span a spectrum of passive to active strategies
Supply chain sustainability priorities shape buyers’ demand for software and services
Digital strategies must match firms’ sustainability priorities for the supply chain
Supply chain sustainability software enables three key use cases for buyers
Vendors offer diverse solutions with varying applicability to supply chain sustainability needs
Supply chain sustainability will test and boost business resilience
AI, supplier engagement and industry collaboration drive innovation in supply chain sustainability
Table of figures
Figure 1. Comparison of passive and active supply chain sustainability strategiesFigure 2. Priorities of buyers of supply chain sustainability software and services
Figure 3. Supply chain sustainability software use cases and sub-segments
Figure 4. Additional software vendors with offerings for supply chain sustainability
Organisations mentioned
3E, Achilles, Apple, Appruv, Aravo, Assent, Avetta, Benchmark Gensuite, C3 AI, Carbmee, Circulor, Competition Bureau Canada, Cority, Credibl ESG, Danone, Dell, Diginex, Diligent, EcoOnline, EcoVadis, ESG Playbook, Ethixbase360, FedEx, FigBytes, Fortune, Greenly, Harvard University, Heineken, HP, IBM, IKEA, IntegrityNext, Intelex, iPoint-systems, ISN, Lenovo, Levi Strauss & Co., LRQA, lululemon, McKinsey Global Institute (MGI), NAVEX, Nestlé, NZero, OneTRust, Oracle, Oritain, Persefoni, Planet FWD, Prewave, QIMA, Resilinc, Responsible Business Alliance (RBA), Salesforce, SAP, Science Based Targets initiative (SBTi), Sedex, ServiceNow, Source Intelligence, Sourcemap, Sphera, Sweep, Taskforce for Nature-related Financial Disclosures (TNFD), Terrascope, TrusTrace, UL Solutions, Ulula, UN, VelocityEHS, Veriforce, Wolters Kluwer, WorldfavorAbout the authors
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