Achieving Real Results on ESG Initiatives Beyond the Triple Bottom Line

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Achieving Real Results on ESG Initiatives Beyond the Triple Bottom Line

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This session will cover how current and new technologies enable procurement to drive ESG and sustainability improvements that matter. The events of 2020 have driven a corporate mandate to expand Procurement’s mission beyond risk and resilience to broader social responsibility and sustainability. Yet, this expanded scope must also be balanced with Procurement’s core objectives – savings, supply assurance, and driving value creation. In this context, many organizations are beginning to ask how they can drive “triple bottom line (TBL)” value on “the three Ps”: profit, people, and the planet. Unfortunately, driving actual ESG and sustainability improvements using TBL has primarily failed up to this point. However, by taking a proactive and measurable approach to ESG, Procurement can achieve sustainability and economic performance. Join this session to hear how to grasp the opportunities beyond a TBL mindset.

 

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