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A Transparent Supply Chain and Its Impact on People, Our Planet, and Our Businesses

Companies and consumers must work together to create a sustainable future

Mark Schissel
Wed, 11/17/2021 - 12:03
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Increasingly, consumers, investors, and other stakeholders are looking to companies big and small to do what’s right for people and our planet. To meet the demands of these stakeholders, transparency is key. In fact, an Innova Consumer Survey in 2020 revealed that six in 10 global consumers are interested in learning about where their food comes from and its impact, including on human and animal welfare, supply chain transparency, plant-powered nutrition, and sustainable sourcing.

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The environmental and social governance (ESG) movement has given companies a platform, a common language, and key metrics to articulate their strategies and their progress, making it easier for stakeholders to make purchase and investment decisions. What’s really exciting is how this is fundamentally changing the way companies think about and operate throughout the supply chain. It is now incumbent on research and development, sourcing, manufacturing, planning, distribution, and other functions to consider factors that impact ESG in key investment decisions and day-to-day operations.

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