b'shifttotechnology,itsimportanthaveintroducedlow-carbonthataremarketingsupplychain formanufacturerstoensuretheirgovernanceintotheirbusinesssustainability. A truly green supply suppliers and business partners aremodels.Thisincludesembeddingchainisasupplychainthat also on the same page, sharing thecarbonreductionconsiderationsimplements strategies and actions commitmenttosustainabilityandintoproductdevelopment,toimproveperformanceinareas having the capabilities to supportprocurement, finance and so forth,that are not eco-friendly or in this them in their green mission. so those management incentives arecase, sustainable.For example, at RS, we have adoptedalignedaroundthem.SomehaveGovernments are also increasingly eProcurement solutions such as RSalso chosen to redesign products.awareofthedangersofclimate PurchasingManagerandProductForexample,creatingaclosed- change and many have resorted to Plus.RSeProcurementsolutionloopsystemthatincreasestheallocatingfundsforsustainability allowsusersgreatercontrolovernumber of recycled materialsaprojects.However,thisiswhere their procurement and purchasingstrategy increasingly embraced bygreenwashingcouldpotentially processes.Thesolutiongiveselectronics companies including Dellbeontherise.Stocksandfunds businessesfullvisibilityintotheirTechnologies and HP Inc. Swappinghighlyratedonenvironmental, spending, and accurate purchasingout one material or component forsocialandgovernancemetrics data.Thus,thisensuresminimalanotherisalsoanothermethod,haveattractedtrillionsofdollars errorsduringprocurementandasUnileverisprioritizingwithitsofinvestmentsinrecentyears. maximum Purchase to Pay processcleaning products. Withtheincreasedscrutiny,this atcostreductions.SuchsolutionsOther tactics include calculating anmeansthatcompanieswillnow increaseprocurementefficiency,emissions baseline and moving tohavetoactualizesupplychain reducecosts,andleadstolessshare data with suppliers. Siemens,sustainability, instead of marketing wastage.Someotherprocessesfor example, is collaborating on asupply chain sustainability.includepredictivemaintenance.pilot program to measure emissionsItisincreasinglyevidentthatthe Adoptingthistechnology,itfor a washing machine along thesupply chain industry will be going allowsustopushsupplychainsentire supply chain. Lastly, they havethroughmassivechangesinthe towardsfurthertransparencyalso set targets that cascade net- upcomingyears.Organizations andsustainability.Manufacturerszero emissions ambitions down towillneedtotakeasmarter cangetfullvisibilityintoenergytheirsuppliers.Manufacturersareapproachtoprocurement, consumptionacrossoperations,alsoseekingoutenvironmentallyfacilitatecollaboration,and be able to look out for equipmentresponsiblesuppliers.Theyareaccess actionable insights to drive reliabilityandmaintenance,andalsoencouragingsupplierstocontinuous improvement and help ensurethatenergyisefficientlysetscience-basedreductionreduce carbon emissions. In order utilised. commitmentsor require them tofor us to reduce carbon emissions, Net Zero Supply Chains adhere to the targets based on thewewillhavetoadapttothese pledge. changesandfortunatelyforus, Fortunately,thecommitmentHow will the increased scrutinytechnology is here to help us tide totacklingclimatechangeisfromcentralbanksandbanksthis through.acceleratinginallsectorsofdrivesustainabilityefforts society. However, one of the waysacross the industry?wecouldacceleratethegoalof achievinganet-zerosupplychainAccordingtoanarticlepublished is by decarbonizing supply chains.bySouthChinaMorningPost,aARTICLE BYWith as many as 1,400 companiespast survey shows that 91 percentSUROOR ANWARpledgingtoreachnet-zerobyofglobalconsumersexpect 2050,itisamusttoadoptforbusinessestoaddresssocialandVP APAC, STRATEGY & COMMERCIAL manufacturers.Furthermore,itenvironmentalissues,and90RS COMPONENTShasbecomemandatorytomeetpercentofthemwouldboycott tightening regulatory sustainabilitya company if it were engaged in requirementsandthismovehasirresponsiblebusinesspractices. compelledmanufacturerstoThere is a clear distinction between optimize their supply chains. brands that are actualizing supply Someclimateleadingcompanieschainsustainabilityandbrands 27'