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Using ESG (Environmental, Social, Governance) as a business metric isn’t just a trend; the world has changed significantly and companies are playing catch up. Climate change, Covid-19, unprecedented media transparency, resource constraints and demographic fluctuations challenge the stability of even the longest-established enterprises.
Now, traditional financial data and sourcing strategies aren’t enough. They can’t provide a clear enough picture on whether to enlist particular suppliers. That’s why we can’t define ESG simply as a way to encourage greater social consciousness in commerce. It needs to be a valued source of information, used strategically to make better partnership decisions.
Procurement and supply management leaders are in a good position to turn ESG data and metrics into competitive advantage. And there’s a direct link between a company’s ESG rankings and overall performance – a striking insight, invaluable in efforts to strengthen supply network resilience following the pandemic.
In this webinar, experts from Dun & Bradstreet – a leading global provider of business decisioning data and analytics – explore…
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why ESG is important for suppliers and supply-chain management
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how you can obtain and use ESG metrics to evaluate and select the right suppliers
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how ‘ethical sourcing’ moderates supplier onboarding costs and promotes healthy competition
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how new data types are compiling ESG rankings that create fuller, more useful supplier profiles