By Morgan International Staff Writers
Al Gore said “Solving the climate crisis is within our grasp, but we need people like you to stand up and act.” In fact if you read what many of the key proponents of climate change say, they talk about individuals taking responsibility, because as a collective humans are typically waiting for somebody else to be the one to make the change. However, we can easily conclude that the biggest global businesses have a disproportionately large role to play in reducing their emissions. But, how do we hold them accountable? There are various global initiatives and legislation to limit climate change. Furthermore at a micro level, customers must take responsibility for supporting businesses who are environmentally responsible, and walking away from those who aren’t.
But what about supply chains?
This is a very interesting point as the supply chain has an incredibly important role in either reducing or increasing the emissions that an organisation is ultimately responsible for. It starts with the buying organisation deciding upon their expectations in terms of emissions. Usually this is written down in some kind of corporate social responsibility policy. Then all vendors within the supply chain are expected to comply with these standards as a minimum. Very often this is covered contractually and adherence is audited on a periodic basis.
The good news
There are organisations such as BP who are standing up and fighting against climate change – in fact BP are viewed as one of the fiercest corporate opponents. They have formulated specific actions and policies to address climate change. In fact, according to research by Influence Map, almost half of the world’s top 100 companies are actively trying to subvert climate change. This is being done through a combination of lobbying, advertising, and influencing.
Supply chain managers undertaking professional qualifications will obtain robust knowledge of promoting corporate social responsibility through the supply chain. However we must recognise that they may only implement this with support from the organisational leadership team.