• Advertise
  • Contact Us
  • About Us
  • Supplier Directory
  • SCB YouTube
  • Login
  • Subscribe
  • Logout
  • My Profile
  • LOGISTICS
    • Air Cargo
    • All Logistics
    • Express/Small Shipments
    • Facility Location Planning
    • Freight Forwarding/Customs Brokerage
    • Global Gateways
    • Global Logistics
    • Last Mile Delivery
    • Logistics Outsourcing
    • LTL/Truckload Services
    • Ocean Transportation
    • Rail & Intermodal
    • Reverse Logistics
    • Service Parts Management
    • Transportation & Distribution
  • TECHNOLOGY
    • All Technology
    • Artificial Intelligence
    • Cloud & On-Demand Systems
    • Data Management (Big Data/IoT/Blockchain)
    • ERP & Enterprise Systems
    • Forecasting & Demand Planning
    • Global Trade Management
    • Inventory Planning/ Optimization
    • Product Lifecycle Management
    • Sales & Operations Planning
    • SC Finance & Revenue Management
    • SC Planning & Optimization
    • Sourcing/Procurement/SRM
    • Supply Chain Visibility
    • Transportation Management
  • GENERAL SCM
    • Business Strategy Alignment
    • Education & Professional Development
    • Global Supply Chain Management
    • Global Trade & Economics
    • HR & Labor Management
    • Quality & Metrics
    • Regulation & Compliance
    • SC Security & Risk Mgmt
    • Supply Chains in Crisis
    • Sustainability & Corporate Social Responsibility
  • WAREHOUSING
    • All Warehouse Services
    • Conveyors & Sortation
    • Lift Trucks & AGVs
    • Order Fulfillment
    • Packaging
    • RFID, Barcode, Mobility & Voice
    • Robotics
    • Warehouse Management Systems
  • INDUSTRIES
    • Aerospace & Defense
    • Apparel
    • Automotive
    • Chemicals & Energy
    • Consumer Packaged Goods
    • E-Commerce/Omni-Channel
    • Food & Beverage
    • Healthcare
    • High-Tech/Electronics
    • Industrial Manufacturing
    • Pharmaceutical/Biotech
    • Retail
  • THINK TANK
  • WEBINARS
    • On-Demand Webinars
    • Upcoming Webinars
    • Webinar Library
  • PODCASTS
  • VIDEOS
  • WHITEPAPERS
Home » Watch: The Real Meaning of ESG in the Supply Chain
VIDEO

Watch: The Real Meaning of ESG in the Supply Chain

September 12, 2022
Robert J. Bowman, SupplyChainBrain

The term ESG — environmental, social and governance — is familiar to most companies today. But the concept as it relates to corporate action isn't fully understood, says Bonnie Nixon, director of ESG and sustainability with Long Beach Container Terminal. 

Public awareness of ESG has evolved through the years, and the terms have changed accordingly – from environmental protection and human rights to sustainability and, most recently regeneration, which describes efforts to “heal what’s already been broken,” Nixon says.

What has propelled ESG to the executive suite is the financialization of sustainability, she says. Investors are increasingly basing their strategies on companies’ commitment to the environment. When chief financial officers began to get involved, Nixon says, “we knew that investments would start to flow to innovation.”

Companies are becoming aware of the long-term financial implications of ignoring ESG principles. Early efforts to address them tended to get bogged down in the difficultly of comparing disparate standards and carbon emissions by various industries. Businesses began to make progress on that front when they proceeded to measure what they all have in common: fuel consumption.

The continuing challenge toward advancing environmental practices within the business sector lies in the difficulty of assessing and controlling emissions at multiple levels of the supply chain — all the way back to raw materials extraction. Companies must be able to measure emissions at all levels — Scope 1 (their own direct emissions), Scope 2 (energy purchases) and Scope 3 (the extended supply chain).

It's more than a question, however, of measuring and controlling greenhouse gases, Nixon says. Additional pollutants such as nitrous oxide and sulfur oxide must be considered. Especially tough to address are non-biodegradable materials such as plastics and rubber. “How biosystems are being degraded is where we need to put our attention,” she says.

RELATED CONTENT

RELATED VIDEOS

Sourcing/Procurement/SRM Supply Chain Visibility Regulation & Compliance Supply Chain Security & Risk Mgmt Sustainability & Corporate Social Responsibility
Robert J. Bowman, SupplyChainBrain

Manufacturers Need to Improve the Lot of Restive Frontline Workers

More from this author

Subscribe to our Daily Newsletter!

Timely, incisive articles delivered directly to your inbox.

Popular Stories

  • A MAN APPLIES PACKING TAPE TO A BROWN CARDBOARD BOX IN A LIVING ROOM OR OFFICE

    How Apparel and Retail Companies Are Implementing Intelligent Returns

    Reverse Logistics
  • A ROW OF CHILDREN SITS CARVING WOODEN PANELS ON A DIRT FLOOR.

    Is Artificial Intelligence a Solution for Modern Slavery?

    Logistics
  • A MASKED WOMAN USING A TABLET CAN BE SEEN CHECKING WAREHOUSE INVENTORY.

    Warehousing and Storage Most Stressful Industry in U.S., Report Finds

    HR & Labor Management
  • A SHIP LOADED WITH ORANGE CONTAINERS MAKES WAY UNDER A BRIDGE OVER A MUDDY BROWN WATERWAY

    Panama Chaos Grows as U.S. Diesel Shippers Bypass Canal

    Ocean Transportation
  • A GROUP OF YOUNG PEOPLE SMILING TOGETHER ARE LOOKING AT THEIR MOBILE PHONES.

    Can the Blue-Collar Sector Fix Its Gen Z Problem?

    Technology

Digital Edition

Scb nov 2023 lg

2023 Supply Chain Innovation Award

VIEW THE LATEST ISSUE

Case Studies

  • A GRAPHIC SHOWING MULTIPLE FORMS OF SHIPPING, WITH A HUMAN STANDING AT THE CENTER, TOUCHING A SYMBOLIC MAP OF THE WORLD

    Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

  • A GRAPHIC OF INTERLACING HONEYCOMBED ELEMENTS REPRESENTING GLOBAL BUSINESS TRANSACTIONS

    Moving Robots Site-to-Site

  • JLL Finds Perfect Warehouse Location, Leading to $15M Grant for Startup

  • Robots Speed Fulfillment to Help Apparel Company Scale for Growth

  • New Revenue for Cloud-Based TMS that Embeds Orderful’s Modern EDI Platform

Visit Our Sponsors

Antuit Zebra Anvyl AutoStore
BEUMER Group Blue Ridge Global Brightdrop
Brother CHEP Cleo
Coenterprise Comarch Data Capture
E2open Enveyo Eva Air
ForwardX Robotics Frayt GAINSystems
Generix Geodis GEP
Global Supply Chain Marketing Summit GreyOrange Here
HICX Holman Logistics Infor
Inmar Kinaxis Lexis Nexis
Locus Robotics Logility LogistiVIEW
Lucas Systems MCA Connect MCA Connect
Moody’s Analytics MPO Old Dominion
OneRail Overhaul PartnerLinQ (Visionet)
Port of Virginia Rockwell Automation Ryder E-commerce by Whiplash
Saddle Creek Logistics SAP Servicon
Shyft Sourcemap SPS Commerce
Tecsys TGW Systems Thomson Reuters
Veho Verusen Walmart
Workshop
  • More From SCB
    • Featured Content
    • Video Library
    • Think Tank Blog
    • SupplyChainBrain Podcast
    • Whitepapers
    • On-Demand Webinars
    • Upcoming Webinars
  • Digital Offerings
    • Digital Issue
    • Subscribe
    • Manage Your Subscription
    • Newsletters
  • Resources
    • Events Calendar
    • SCB's Great Supply Chain Partners
    • Supplier Directory
    • Case Study Showcase
    • Supply Chain Innovation Awards
    • 100 Great Partners Form
  • SCB Corporate
    • Advertise on SCB.COM
    • About Us
    • Privacy Policy
    • Contact Us
    • Data Sharing Opt-Out

All content copyright ©2023 Keller International Publishing Corp All rights reserved. No reproduction, transmission or display is permitted without the written permissions of Keller International Publishing Corp

Design, CMS, Hosting & Web Development :: ePublishing