Key Suggestions
Prioritise Climate Resilience
Elevate climate-related disruption as a core risk category. Embed environmental volatility into supplier evaluations and continuity planning to ensure long-term resilience.
Accelerate Scope 3 Tracking Capabilities
Move beyond supplier self-reporting. Invest in digital tools and data partnerships to improve transparency, accuracy, and reporting consistency across the supply chain.
Strengthen the Strategic Voice of Procurement
Position procurement as a key contributor to enterprise risk strategy. Empower teams to participate early in compliance, ESG, and resilience planning discussions.
Build Cross-Functional Risk Frameworks
Develop integrated processes that link procurement, legal, and compliance functions. Joint risk ownership will enable faster, more proactive responses to evolving challenges.
Future-Proof ESG Strategy Against Market Shocks
Sustainability should be protected during downturns. Treat ESG initiatives as value levers - not cost centres - to ensure they remain central to procurement’s contribution to business resilience.
