Sustainability is becoming more important for all companies, across all industries. 62% of executives considers a sustainability strategy necessary to be competitive today. Sustainability is a strategic business approach to create long term value for the company. Making sustainability a key strategy of the organisation, not just yields better performances and presents a more attractive value proposition to investors and customers, it also differentiates you from your competition and reduces the potential reputational damage to the brand.
By incorporating Supply Chain Finance with sustainability assessment allows financial institutions to easily categorise companies based on their sustainability index and extend more favourable green financing rate to them. In turn, incentivising more companies to go green.
Real time supply chain insights on sustainability based on GRI Reporting Standards. Increasing regulatory requirements and stakeholders demand are forcing companies to be conscious of sustainability reporting.
Incorporating sustainability elements into the deep-tier supply chain would provide visibility and transparency to the compliance on sustainability for suppliers down the chain. Through supply chain finance, it incentivises and rewards suppliers to adopt more sustainable activities or source for alternative materials, and for them to be more careful in the evaluation of their suppliers.
Get a bird’s eye view of the risks and areas of improvement in sustainability for your supply chain. Visualise areas of competitive advantage and comparison with industry peers.
Established in Singapore in 2006, Global Initiatives (GI) offers corporates and institutions a range of services to achieve their sustainability goals. With businesses seeking better interventions to reach their sustainability goal, GI* will be introducing new data-driven solutions while continuing to focus on our existing initiatives.
* GI is the organiser of Sustainable Business Awards
The Sustainable Business Awards (SBA) is arguably Asia’s only award series run by a firm wholly committed to sustainability and which comprehensively assess corporate sustainability programs.
Since 2012, the Awards has been held in partnership with PricewaterhouseCoopers (PwC), industry associations and government agencies recognising corporate leadership in 12 categories, including sustainability strategy, community, energy and water management, supply chain, and ethics among others. Past winners include UOB, DBS, OLAM, Ericsson, Singtel, Cargill, Modelez, Nestle, Maybank, Standard Chartered, Banyan Tree Hotel & Resorts, City Development Limited, Keppel Corporate, Unilever, Bayer and more.