To measure environmental impact successfully, businesses need technology partners that can engage and collect data at scale, whilst also offering value to the providers of data, beyond just reporting.
A significant value-add for suppliers is customer requests that are aligned, where data can be reused across customers. This significantly eases reporting burden and results in higher supplier participation rates.
Beyond gathering the data, businesses need platforms that can analyse the often low-quality, fragmented data collected and turn it into valuable insights that can be used to understand where to focus, what to do to reduce impact, and which suppliers to prioritise.
A good starting point for businesses is to work with the most significant by spend suppliers first and then roll out data collection, analysis, and monitoring more widely, followed by the impact reduction actions that proved most successful within this subset.
Bridget Wise
Sustainability Analyst, Secaro
About Bridget Wise
After many years in consulting, working with companies to identify, manage, measure and communicate their environmental issues, Bridget Wise joined Secaro as a sustainability analyst. She provides subject matter expertise, connecting customer sustainability data needs, evolving regulatory requirements, and product capabilities, to deliver effective solutions.
About Secaro
Secaro is a supply chain intelligence network helping organizations decarbonize by combining data, AI, and collaboration in one ecosystem. It reduces the cost and complexity of supply chain decarbonization for the pharmaceutical, automotive, consumer goods, and retail sectors.
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