Leading organizations are recommending impact spend analysis as an important first step to fast track sustainable purchasing.
Global sourcing strategies can secure optimal pricing, quality products and reputable partners, but they are also rife with sustainability blind spots. Extreme weather patterns, rising water costs, carbon taxes, natural resource pressures and pollution impacts are creating volatile commodity prices, increasing the cost of supply chain inputs, causing disruption and putting companies’ social license to operate at risk.
This webinar asks Do you know where your high impact suppliers are? Impact spend analysis provides a vital key for sustainability and procurement teams to quickly unlock complex sustainability challenges by identifying those 10-20% of suppliers that are commonly responsible for 80% of sustainability risks, enabling attention to be focused on a small number of suppliers, regions or spend categories.
View the webinar to hear expert views from Trucost, the Sustainable Purchasing Leadership Council and the World Resources Institute on what you need to know to identify hidden costs in your supply chain and fast track sustainable purchasing.