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Annual sustainability reports may not encapsulate the entirety of an organisation's environmental impact.
However, annual sustainability reports may not encapsulate the entirety of an organisation’s environmental impact. Regulating bodies around the world are increasingly pressuring and even mandating organisations to include their supply chain vendors in their environmental disclosures.
Global climate consultancy experts at Carbon Trust estimate that up to 90% of an organisation’s environmental impact falls within its supply chain. To back that up, research we conducted with Economist Impact indicates that more than 60% of organisations believe they need to improve visibility into their supply chains to foster overall business resilience.**
Here are three tips to help you engage with your supply chain to reduce your own environmental impact:
To get a better sense of your organisation’s work with existing supply chain partners, talk to your procurement team. They can provide you with a list of everyone your company works with and, from there, you can ask questions and use tools like EcoVadis and CDP Supply Chain to assess their sustainability efforts.
Whether you’re already working together or you’re evaluating new partners, consider asking:
By including data from your supply chain partners in your reporting, your organisation will establish itself as more accountable, comprehensive, and transparent when it comes to your sustainability efforts, which ultimately reflects the integrity of your brand. So, when it’s time to add a new partner to your supply chain, make sure your goals are aligned, ask them to provide you with the sustainability data you need, and start having regular conversations about ways you can lessen your overall environmental impact.
Learn more about how Iron Mountain can help support your sustainability goals here.
*The KPMG Survey of Sustainability Reporting 2020
**Research by Economist Impact, sponsored by Iron Mountain
At Iron Mountain, we strive to be our customers’ most trusted partner for protecting and unlocking the value of what matters most to them in innovative and socially responsible ways
At Iron Mountain we understand the impact of our actions in our society and our planet. That's why our CSR commitment is present on everything we do.