Controlling costs is a higher priority for executives -- including chief procurement officers -- than driving sustainability initiatives , new research suggests .

A report called Bridging the Gap , from procurement and supply chain consultancy , Efficio , suggests that more than nine in ten ( 93 %) of business leaders believe revenue maximisation is ‘ important ’ or ‘ very important ’ to their business strategy , compared to the 66 % who say the same of implementing net zero plans , such as controlling Scope 3 emissions in the supply chain .

Efficio says the findings bring into even sharper focus the key role procurement leaders must begin to play if board-level plans on sustainability and ESG are to be translated into meaningful action .

The report highlights a disconnect between chief procurement officers ( CPOs ) and procurement teams , with CPOs fixated by “ compliance-based metrics rather than core ESG issues ”. It also says too many CPOs fail to act upon sustainability opportunities flagged by team members who are involved in the daily management of goods and services .

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� BOARD-LEVEL ESG ACTION Controlling costs is a higher priority for executives -- including chief procurement officers -- than driving sustainability initiatives , suggests research from the world ' s largest procurement and supply chain consultancy , Efficio .

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