RISK & RESILIENCE the world, including CBAM, which is still quite new in terms of implementation, and extended producer responsibility development all over the world.
“ We’ re also seeing that in Europe with our Packaging and Packaging Waste Regulation( PPWR) and in Latin America, where we have just seen the circular economy national plan and general law approved in Mexico. So, there are many things to come.”
More than that, however, CHEP is working to go beyond regulation requirements, instead utilising supplier visibility and data sharing capabilities to work on innovations that go above and beyond when working to mitigate climate risk. When looking to the future, Sandra states:“ we need to start challenging our teams so from the design of the product, they’ re solving the source of the problem.” Through ongoing innovations throughout manufacturing, close collaboration with suppliers and constant data monitoring, businesses can build supply chain resilience amid volatility and do their part to limit future climate risk.“ The future of climate risk management is fundamentally datadriven and increasingly embedded into core business operations,” Levent concludes.“ Trusted, connected and transparent data will be as essential to managing climate risk as physical assets are to manufacturing.”
For too long, fragmented data systems have resulted in poor data tracking or limited collaboration capabilities. Now, with the opportunity for more data sharing than ever, businesses do not have to wait for events to reshape their supply chains. Instead, they can work proactively to ensure they do not have to. supplychaindigital. com
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