SUSTAINABILITY is to lower greenhouse gas emissions , treat workers humanely , or reduce pollution .”
ESG data , says Hendrickx , needs to flow in all directions “ to create a supply chain that is fully aligned with ESG goals ”.
She adds : “ Visibility throughout the supply chain can make every company along the way stronger and more valuable , assuming each business has strong ESG credentials .” But she warns that If companies fail to share data then “ efforts will be siloed instead of integrated ”.
She says many businesses have already experienced the “ troublesome dynamics ” of data-silos during their technology transformation efforts , and the resultant attempts to take full advantage of their internal data .
Hendrickx points out that supply chains are “ already difficult to manage , let alone align fully with an often-evolving set of ESG goals ”.
But , she points out , Infosys research shows that “ companies already want and need to take these steps ”, but adds that they “ still need to share and receive more data .
This , she adds , will allow them to work with the most beneficial partners ”. Fail in this , she warns , and “ they risk missing the opportunity to make ESG meaningful to their supply chains and potentially losing ground to global competitors ”.
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