We Need To Rethink Supplier Segmentation To Boost Sustainability
Encouragingly, sustainability is now a topic for many boards. But to be truly protect our planet, it needs to be established on the corporate agenda for good. To make this happen, we need to rethink the way in which we work with suppliers.
By Anthony Payne, HICX CMO
As environmental concerns continue to take center stage, businesses are under more pressure than ever to act sustainably. According to a Deloitte study, 45% of Gen Z consumers have stopped buying certain brands due to sustainability concerns. Other stakeholders such as employees, investors and governments, also expect better business practices.
Encouragingly, sustainability is now a topic for many boards. But to be truly protect our planet, it needs to be established on the corporate agenda for good. To make this happen, we need to rethink the way in which we work with suppliers.
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