How is sustainability becoming a driver of change in global supply chains?
Sustainability has evolved from a corporate value into a significant driver of operational change across global supply chains. Companies like 3M have implemented zero landfill waste in 30% of their manufacturing plants worldwide, while focusing on dematerializing production and creating a more circular economy. According to survey data, 18% of businesses are already changing their supply chains specifically for sustainability reasons, with this percentage expected to grow. This transformation extends throughout the entire supply chain - from production plants to refrigeration techniques, warehousing, and logistics. As consumer markets expand, particularly in Asia where growth remains strong at 4-6%, sustainability considerations are becoming a critical criterion for future business operations.
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Sustainability Practices Drive Innovation and Supply Chain Improvements in Global Commerce
Bloomberg Live·6 months ago