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Customers Demand More Sustainable Supply Chains

HOUSTON — This is the key finding from an international survey conducted by DNV GL and the research institute GFK Eurisko on more than 2,160 professionals from businesses in different sectors in Europe, The Americas and Asia.

“With globalization and the increase in the number of intermediaries, a secure and defendable supply chain is important in order to avoid disruptions that can affect business performance. Sustainable sourcing is a fast developing requirement, driven by customers. Companies that don't act will have a hard time competing,” says Luca Crisciotti, CEO of DNV GL – Business Assurance.

When choosing a supplier or making buying decisions, 96% of the companies consider sustainability aspects, with low environmental impact as the most important aspect (56%). Health and safety of workers (51%) and economic aspects (43%) follow. Ethics comes next (29%), with proportions higher than average among sustainability “leaders”, i.e. companies with a mature capability to handle the supply chain in a sustainable way (+9% vs average).

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