Supply Chain Digital Magazine September 2024 | Page 173

SUSTAINABILITY
EY ’ S SUPPLY CHAIN SUSTAINABILITY SOLUTIONS
EY ’ s holistic solutions represent leading strategies across five key areas and help provide compliance with CSRD , CSDDD , FSMA and many more emerging regulations .
Here , Sheri explains these solutions in greater detail .
Journey to Net Zero People and Planet Supply Chains “ We help clients set decarbonisation targets , identify carbon hotspots , design and execute strategies and leverage technology for ecosystem enablement . This includes operational decarbonisation across raw materials , logistics , manufacturing , assets , sales and distribution .”
Supplier Transformation “ Our services optimise procurement functions for sustainability , establishing supplier expectations aligned with ESG goals . We integrate sustainable elements into category strategies , deploy technological capabilities for visibility and embed real-time risk management into tech systems .”
Sustainable Products & Circularity “ We assess product portfolios and lifecycle management for sustainability and circularity . This involves measuring performance on waste , raw materials , packaging and emissions , investing in product data transparency and innovation and developing circular business models .”
Sustainable Supply Chain Architecture , Due Diligence & Tax Optimisation “ We embed sustainability , resilience and visibility into supply chain strategies for cost optimisation and growth . This includes monitoring sustainability tax and regulatory policies , integrating dynamic policies , modelling potential business impacts and engaging policymakers .”
Community Impact & Supplier Diversity “ We drive positive community and social outcomes through enhanced diversity and inclusivity . This involves connecting supplier diversity programs to business strategies , embedding diversity in supplier relationships , proactively developing diverse suppliers and targeting engagement strategies . To help clients advance their maturity from compliance and optimisation to transformation , we leverage advanced technologies and strategic alliances that provide comprehensive solutions like the EY-Microsoft Net Zero Transformation Platform , as well as advances in generative AI ( Gen AI ) via our EY . ai platform .”