Sustainable Supply Chains: Challenges, Drivers And Architectures
Red Hat News, Friday, May 5,2023
A common definition of environmental sustainability is meeting the resource and services needs of current and future generations without compromising the health of the ecosystems that provide them.
In addition to ongoing discussions around government regulation, investors and asset managers are increasingly demanding carbon disclosure from their portfolio companies. Investment in environmental funds is soaring-with some reports pegging it at over $40 trillion.
Even though specific actions taken by businesses are arguably still limited in overall impact, it's nonetheless an increasingly prominent part of vendor, partner and customer discussions.
IT industry analysts also observe that sustainability projects can lead to a positive return on investment (ROI). According to Gartner, 'Conventional wisdom around sustainability did not encourage business leaders to look at either ROI for sustainability endeavors or sustainability's strategic importance in driving financial performance.