Sustainable supply chains
Back to Sustainability for business in New ZealandSustainable supply chains
As a leading global trade bank, HSBC is ideally placed to support our customers and other companies as they seek to do business with each other in a more responsible and sustainable way.
An estimated 80 per cent of global trade passes through supply chains – networks of customers and suppliers that contribute to delivering an end product or service to market.
In many industries, it is a company’s supply chain – rather than the company itself – that is responsible for the majority of greenhouse gas emissions and therefore offers the greatest potential for environmental improvements. By setting high procurement standards, buyer firms can help drive sustainable practices in supplier businesses. We want to operate in a world where global supply chains support sustainable economic growth by minimising negative environmental impacts.
Moving towards a sustainable future: Understanding the resilience in your supply chain by increasing transparency
The call for businesses to become more transparent and prove they’re transitioning towards a more sustainable future is growing louder, only heightened by the pandemic. Heeding this, HSBC recently hosted a webinar with four industry leaders explaining how businesses can increase the transparency of their supply chain in light of new reporting trends, the increasing focus on Environment, Social and Governance (ESG) and the need to build supply chain resilience.
