The Business of Sustainability
The sustainability and the continuity of the supply chain in the food and beverage business has never been as high in importance as it is today. Buyers are bringing to the marketplace substantial expectations concerning ethics in all aspects of how business operates, making these issues crucial for food and beverage organizations to assess and optimize. Both customers and organizations expect more transparency to enable them to understand the processes and information being used—not just to manage relationships but to evaluate every aspect of suppliers’ operations and compliance. The nuances of supplier organizations’ operations and their interrelationships with food and beverage offerings should be one click away to ensure governance at the level desired and be able to review and mitigate any type of risk.
For these reasons, as well as the imperative to be good business stewards, we believe every food and beverage organization should consider itself obligated to maintain high standards for its supply chain of contractors and suppliers. The sustainability of the supply chain should have a high level of accountability and high standards across environment, social and governance (ESG) areas.