We Need to Rethink Supplier Segmentation to Boost Sustainability
As we work to protect and repair the planet, now is the time for business leaders to take stock of their environmental programmes and challenge the status quo, as HICX’s Anthony Payne explains…
As environmental concerns continue to take centre 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 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.