For most companies, the supply chain represents the biggest – and most complex – opportunity for creating a more sustainable business model, whether it’s by reducing impacts from carbon or ensuring continued revenue growth by avoiding water scarcity shocks.
A study by the World Economic Forum identified revenue increases of 5-20%, cost reductions of 9-16% and 15-30% boosts in brand value among companies engaging in sustainable supply chain initiatives.
But key questions such as – Which purchasing categories and suppliers present the biggest opportunity? Should my strategy focus on upstream (procurement) or downstream (impacts from products’ use)? What are the most significant environmental impacts in our value chain? – are presenting stumbling blocks for many companies.
During this webinar Biogen and Tennant explain how they unlocked the answers to these questions – and used them to inform their sustainability strategies, employee and supplier engagement, stakeholder communications, and sustainable procurement strategies for their business.
Biogen develops, manufactures and markets innovative therapies for patients living with serious neurological, autoimmune and rare diseases.
Tennant Company is a world-leading manufacturer of indoor and outdoor environmental cleaning solutions and specialty floor coatings.