Late-running Christmas purchases and the skyrocketing cost of building materials might have turned previously esoteric supply chain issues into everyday conversation. In the wake of COP26, supply chain professionals need to contend with more than sorting through their Covid 19-inspired logistics issues. Alongside the upstream disruption over the last 18 months, operations and commercial executives are increasingly having to grapple with the net zero targets that their boards are setting and allocating key capital to next year.
Companies are now setting hard, legitimate targets for their teams. More than simply announcing a policy, there is increasing rigour around how targets will be met.
At the same time that companies are allocating money to decarbonise, consumers are also demanding a more sustainable supply chain response. The 2021 EY Future Consumer Index revealed that almost 7 in 10 consumers expect companies to step up and lead the way on positive social and environmental outcomes. While the picture of the ‘sustainable consumer’ is complex, there is a clear expectation that companies provide consumers with the information they need to make an informed choice.