INDUSTRY-LEADING APPROACHES
shareholders and governments demand the integrity of a company ’ s ( and its suppliers ’), the onus on enterprises to make a positive impact on society has never been greater .
Indeed , it may be that conscientious consumer-demand , ultimately , has made responsible sourcing less an option and more a necessity . “ While adoption in consumer-facing industries has evolved more rapidly , companies across all industries will feel the pressure sooner or later . In the near future , the inclusion of sustainability criteria in sourcing decisions will be akin to supplier quality : expected and non-negotiable .”
“ In the near future , the inclusion of sustainability criteria in sourcing decisions will be akin to supplier quality : expected and non-negotiable ”
— Miguel Cossio , Research Director , Gartner
INDUSTRY-LEADING APPROACHES
With the importance of a carefullydeveloped CSR strategy , the utilisation of technology assets and listening to consumer demands demonstrably the crucial themes of responsible sourcing , we shall now explore how leaders in the food , retail , consumer goods and tech industries are meeting expectations .
Swiss multinational food manufacturer Nestlé is a champion of responsible sourcing , placing a protective emphasis on individuals , communities and the planet . Acknowledging that business continuity and the welfare of these constituent parts are profoundly interconnected , the company has revised its operating models , implemented sustainable sourcing practices and engaged in enrichment initiatives within its supplier ecosystem .
According to its website , some of the companies activities have included :
• Compiling a transparency report on its 15 priority raw materials ( the latest edition available here ).
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