SupplyChain Magazine March 2020 | Page 37

IN WHAT WAYS CAN COMPANIES OPERATE WITH A GREENER APPROACH ?
Volkswagen Group Australia : More than the sum of its parts
bins in the workplace was considered enough commitment . Companies now look broader , buying from sustainable sources and monitoring the amount of printing . There is obviously the cost saving factor as well , but this is also about the new approach by companies , the triple bottom line approach : people , planet and profits . As a result , corporations develop sustainability policies where the scope goes beyond the organisation to business partners , suppliers , consumers and even competitors . Sustainability is now considered amongst valuation criteria , and this is evidenced by companies issuing their sustainability reports annually . On top of that , this increases transparency to the public as well as the confidence of company stakeholders which contributes to growth .
IN WHAT WAYS CAN COMPANIES OPERATE WITH A GREENER APPROACH ?
There are a range of actions that can be undertaken . However , what makes the difference is how companies align their policies , score cards and achievements
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Volkswagen Group Australia : More than the sum of its parts
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