MEASURING the environmental, social, and governance (ESG) performance of supply chains is becoming increasingly important for businesses and investors. One key aspect of ESG in supply chains is the measurement and reduction of greenhouse gas emissions. Many companies are setting targets to reduce their carbon footprint and transition to more sustainable practices. To paint a picture — about 78% of multinational corporations (MNCs) will remove suppliers that endanger their carbon transition plan by 2025, according to a report titled Carbon Dated, released in 2021 by Standard Chartered. One key aspect of ESG in supply chains is the measurement and reduction of greenhouse gas emissions.

Source: The Star June 30, 2023 16:42 UTC