Executive Briefings

Ecodesk Wants You to Be Able to Compare How Sustainable Your Suppliers Are

Pharmaceutical giant GlaxoSmithKline, Del Monte Foods and MGM Resorts are among some 25 companies that have joined an Ecodesk campaign to improve supply chain efficiency and transparency, and make it easier for businesses to measure so-called Scope 3 emissions.

The "LinkedIn of sustainability," Ecodesk allows users to search, analyze and compare suppliers, using what it says is the largest sustainability database worldwide, with more than 1 million company profiles.

Its Global Supply Chain Innovator Program uses Ecodesk's automated platform and profiles a company's top 50 to 500 suppliers' energy use, carbon emissions, and waste and water consumption "” without requiring suppliers to fill out any questionnaires. Ecodesk then produces reports showing financial savings, efficiency gains, risk mitigation and environmental stewardship results business can expect by improving supply chain sustainability.

Ecodesk forecasts London Stock Exchange-listed firms alone could save £3bn ($4.5bn) in 2013 through supply chain measuring and reporting, based on savings already experienced through customer supply chain reporting programs.

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The "LinkedIn of sustainability," Ecodesk allows users to search, analyze and compare suppliers, using what it says is the largest sustainability database worldwide, with more than 1 million company profiles.

Its Global Supply Chain Innovator Program uses Ecodesk's automated platform and profiles a company's top 50 to 500 suppliers' energy use, carbon emissions, and waste and water consumption "” without requiring suppliers to fill out any questionnaires. Ecodesk then produces reports showing financial savings, efficiency gains, risk mitigation and environmental stewardship results business can expect by improving supply chain sustainability.

Ecodesk forecasts London Stock Exchange-listed firms alone could save £3bn ($4.5bn) in 2013 through supply chain measuring and reporting, based on savings already experienced through customer supply chain reporting programs.

Read Full Article