Glossary Supply Chain Sustainability
Supply chain sustainability refers to the management of environmental, social and economic impacts and the encouragement of good governance practices throughout the lifecycles of goods and services in the supply chain. The objective of supply chain sustainability is to create, protect and grow long-term environmental, social and economic value for all stakeholders involved in bringing products and services to market. It involves a broad range of activities, including:
Supply chain sustainability is increasingly seen as essential not only for environmental and social reasons but also for the long-term viability of businesses. Companies with sustainable supply chains often find that they can reduce costs, improve their brand reputation, manage risks more effectively and attract socially conscious customers.
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