Global Corporate Survey 2024: Supply Chain Carbon Management Priorities, Budgets And Tech Preferences
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Executive Summary
This report is designed to support supply chain decarbonization software and services suppliers with product strategy alignment to the evolving demands of buyers across industries and geographies. Verdantix gathered data via telephone interviews with 250 supply chain and sustainability executives, across six global regions and 10 different industries. The results reveal the growing importance of tangible decarbonization, showing progress on aspirational net zero targets. To achieve this, firms are prioritizing more efficient ways to collect and analyse supply chain emissions data, which can help to inform supply chain decarbonization initiatives.
Global survey shows how leaders are decarbonizing supply chains
Global survey features 250 leaders with decision-making authority on supply chain decarbonization
Organizations – under pressure to decarbonize – lack the expertise to do so
Firms prioritize tangible product emissions reductions, not product claims
Supply chain decarbonization suffers from a lack of expertise – and commitment
Leaders do not lack the resources or policies to decarbonize their supply chains
Budget constraints do not limit decarbonization efforts
Supply chain leaders are ending supplier relationships due to emissions performance
Firms pair in-house expertise and commercial software for supply chain decarbonization
Organizations require software that provides the data to inform decarbonization initiatives
Figure 2. Respondents are located in six global regions
Figure 3. Respondents represent industries with varied business models
Figure 4. Drivers for investment in supply chain decarbonization
Figure 5. Challenges to improving supply chain sustainability
Figure 6. Confidence in calculating product carbon footprints
Figure 7. Change in spend to lower emissions in the supply chain
Figure 8. Change in spend to lower emissions in the supply chain in Asia-Pacific
Figure 9. Likelihood of discontinuing a relationship or providing preferential rates due to emissions performance
Figure 10. Services to manage supply chain challenges
Figure 11. Key software capabilities for firms planning to increase spend by more than 20%
Figure 12. Key software capabilities globally
About the Author
Ryan Skinner
Research Director
Ryan is a Research Director at Verdantix, where he leads a team of analysts delivering research, data and advisory services that help clients navigate the fast-evolving landsc...
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