Survey highlights tension between sustainability, profit priorities
Growth opportunities, cost savings and the importance of responsible business practices are driving supply chain sustainability.
A global survey of supply chain decision makers reveals that economic performance is the top ranking corporate sustainability priority for the majority of organizations. However, when directly asked whether profitability or sustainability were more important, 60% gave equal priority to these objectives, with another 25% leaning toward sustainability.
Conducted by the Economist Intelligence Unit, the New York-based research and analysis division of The Economist Group, and sponsored by LLamasoft, Ann Arbor, Mich., the survey, “Sustainability: The Missing Link?”, of senior executives in 250 manufacturing and retail organizations across the United States, Latin America, EMEA and APAC regions set out to explore supply chain approaches and priorities in relation to business sustainability, defined as the process by which companies manage their financial, social and environmental risks, obligations and opportunities over time.