It is more important than ever for businesses to work with partners who share their vision for a sustainable future and demonstrate a similar commitment to having a positive impact on the world.
As such, many major corporations have or are in the process of establishing stringent vendor and partner requirements relating to the transparent disclosure of ESG-related metrics and net-zero goals.
Partner requirements often include:
- Transparent ESG metrics disclosure in accordance with one or more global ESG frameworks and standards
- Proactive plans to achieving net-zero goals
- Demonstrating commitment to decarbonizing products, services, and operations
- Aligning business practices with sustainable initiatives
Companies are finding that the collection of ESG data and plans to achieve net-zero are no longer considered voluntary. Customers and partners are mandating adherence to ESG programs, showcasing a dedication to meeting sustainability goals.