FPC of Raleigh’s Post

Did you know that recent legislation and consumer demand are pushing procurement teams to rethink their “green” buying methods? A new report from Spend Matters shows that compliance with new regulations is a significant driver of Environmental, Social, and Governance (ESG) investments. Here are some of the key takeaways: 🎯 The European Green Deal and Corporate Sustainability Reporting Directive are prompting companies to adopt ambitious climate-friendly strategies. 🎯 States like New Jersey, California, and New York are spearheading ESG initiatives that influence corporate behaviors. 🎯 Companies are increasing due diligence on suppliers to meet regulatory standards. 🎯 Utilizing technology can help businesses identify compliant and sustainable suppliers, ensuring alignment with ESG goals. Learn more: https://lnkd.in/ePCVN9aT #Sustainability #Procurement #ESG

Only 17.2% of companies assessed in the 2023 S&P Global Corporate Sustainability Assessment (CSA) have public processes for screening new suppliers for sustainability-related risks. Fewer than half of assessed companies (44.5%) have a publicly available supplier code of conduct.  S&P Global Market Intelligence

📊 Achieving and showcasing a high #ESG rating is crucial for businesses looking to lead in #sustainability. Synesgy not only simplifies the self-assessment process but also certifies your ESG score, providing a clear #roadmap for improvement. Explore how to elevate your sustainability credentials with Synesgy ⬇️ https://bit.ly/3Vdxo9H

Complying with the EU Corporate Sustainability Reporting Directive (CSRD)involves several key steps and considerations for businesses. The CSRD significantly expands the sustainability reporting requirements for companies in the EU. Here’s a guide to what your business needs to do: https://lnkd.in/eep4Dg_z #corporatesustainability #globalcompliance #ESG #procurement #sourcing #suppliermanagement Trust Your Supplier (TYS) Michelle Armstrong

Partnership: Sustainable Procurement Barometer 2024 Co-developed by EcoVadis and Accenture, this new report benchmarks sustainable procurement practices across industries and explores how they adapt to this changing landscape. You'll also find exclusive interviews & analysis of trends throughout 📈 Key findings include: ✅ More than 70% of companies say “delivering on corporate sustainability goals and commitments” is a top procurement driver ✅ 50% of mainstream programs use integrated ESG data to "operationally inform" or "strategically engage" their executive stakeholders Download the full report via the link in the comments below 👇 #Sustainability #Procurement #Reports

🌿 New Blog Alert: Upgrading Sustainable Procurement in the New Era of Risk 🌿 In this latest post, @NicoleSherwin, Chief Impact Officer at EcoVadis, dives into how businesses can elevate their ESG and sustainability goals through responsible sourcing. 🤝The partnership between EcoVadis and JAGGAER is enabling companies to build more transparent, sustainable supply chains, driving real, impactful change in the process. 💡Curious about how this collaboration is making a difference? Check out the full blog to learn more! https://okt.to/IBMyGD #Sustainability #ESG #EcoVadis #JAGGAER #ResponsibleSourcing #SupplyChainTransparency

Interesting read from Accenture's global Sustainable Value Chain lead Matias Pollmann-Larsen and Co-CEO of EcoVadis, Pierre-Francois Thaler on how to make procurement more sustainable! Excited to recognize similar strategies in the ESG programs we're currently running with our clients in procurement, even though I still see a lot of un-tapped potential for strategy 4 and 5. Has your company adopted all 5 strategies yet? 🧐 📈 Build the business case with data. 📊 Utilize ESG data in decisions. 🤝 Engage suppliers deeply. 🔍 Use tech for (n-tier) transparency. 🎓 Develop ESG skills and incentives. Let's lead the change towards a greener future! 🌿

🌿 New Blog Alert: Upgrading Sustainable Procurement in the New Era of Risk 🌿 In this latest post, @NicoleSherwin, Chief Impact Officer at EcoVadis, dives into how businesses can elevate their ESG and sustainability goals through responsible sourcing. 🤝The partnership between EcoVadis and JAGGAER is enabling companies to build more transparent, sustainable supply chains, driving real, impactful change in the process. 💡Curious about how this collaboration is making a difference? Check out the full blog to learn more! https://okt.to/cySBVj #Sustainability #ESG #EcoVadis #JAGGAER #ResponsibleSourcing #SupplyChainTransparency

Warmly welcome David McClintock to be sharing a keynote on Accelerating Sustainable Procurement to Decarbonize, Hit Net-Zero Goals, and Comply With ESG Regulations at #SievoFriends Helsinki 2024 💚 David, Global Director of Content and Communications at EcoVadis, has a strong passion for bringing innovative technologies to productive, everyday use for a more sustainable future. At EcoVadis, David leads the development of content and data projects that analyze, and illustrate sustainable business and responsible procurement best practices worldwide to guide, lead, and inspire practitioners to action in their value chain. Procurement heads face a complex landscape of ‘polycrisis’ supply risks, rising ESG due diligence and reporting regulations, and looming net zero corporate commitments. In his speech, David will be sharing with you: 💡 Insights from the “2024 Sustainable Procurement Barometer”: explore the obstacles preventing many Sustainable Procurement programs from gaining the budget, and investing in the right practices, skills, and tools to escape the risk and cost avoidance orbit. 🎯 5 concrete recommendations to accelerate your program’s trajectory toward transformation to enduring compliance, resilience, and sustainable value creation. Comment below if you have any questions for David 👇

🌿 New Blog Alert: Upgrading Sustainable Procurement in the New Era of Risk 🌿 In this latest post, @NicoleSherwin, Chief Impact Officer at EcoVadis, dives into how businesses can elevate their ESG and sustainability goals through responsible sourcing. 🤝The partnership between EcoVadis and JAGGAER is enabling companies to build more transparent, sustainable supply chains, driving real, impactful change in the process. 💡Curious about how this collaboration is making a difference? Check out the full blog to learn more! https://okt.to/Rjo2Ca #Sustainability #ESG #EcoVadis #JAGGAER #ResponsibleSourcing #SupplyChainTransparency