Erik Bush

Leveraging ERM to navigate emerging tariffs and supply chain risks With recent tariff hikes and geopolitical shifts, supply chain risks are more urgent than ever. 63% of businesses reported higher-than-expected supply chain losses despite increased risk management efforts in recent years. Leveraging ERM to navigate emerging tariffs and supply chain risks explores the distinct challenges of a stressed global market and shows how ERM can enhance efforts in identifying, escalating, and responding to emerging supply chain threats.   Key areas explored in the guide:   Supply chain risks affected by increased tariffs. Why engaging ERM to address supply chain risks is crucial. 8 proactive strategies for addressing emerging supply chain risks.   Ready to start engaging ERM to respond to emerging supply chain risks with agility and speed?   Download the free guide now

Scope 3 emissions reportedly account for more than 70% of businesses’ carbon footprints. That huge percentage gives an indication of just how critical supply chain sustainability efforts are to the planet. Thankfully, a growing number of eco-friendly innovations are helping reshape global supply chains. Supply Chain Sustainability: An Industry Imperative in a Changing World It is becoming increasingly important for companies to accurately calculate their supply chain emissions and create an information-sharing ecosystem, according to Matthew Gardner, co-founder and managing partner of Sustainserv, a consulting firm that helps businesses implement sustainability strategies. Gardner said accounting for supply chain-related greenhouse gas emissions includes such challenges as: Data gathering of “materials, manufacturing processes, activities of second- and third-tier suppliers, and overall data governance and quality.” Calculation methodology that “reflects the realities of raw material sourcing, product manufacturing, transportation and distribution, and other life-cycle impacts that may affect reported greenhouse gas totals.” Supplier relationships, which can be strained as a result of emissions assessments. Businesses also need to keep in mind their relationships with consumers. PDI Technologies said 80% of U.S. consumers it surveyed were willing to pay more for sustainable products. “Between these statistics and the regulatory conversations that are happening in…