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Start your Sustainability Journey | SlideShare | Accenture

  1. 1. Sourcing a sustainable future 2022 sustainability research study
  2. 2. “ Julie Sweet, Chair & CEO Today’s rapid acceleration to digital presents us with a breakthrough opportunity to create a more sustainable future.“ 2
  3. 3. 3 Urgent market and social conditions are accelerating companies’ focus on sustainability, such as: Supply shortages Extreme weather Human rights
  4. 4. Measuring success for sustainable organizations 4 Accenture defines sustainability as all actions tied to environmental, social and governance (ESG) principles that impact building a more responsible future—from climate change to labor practices to supply chain transparency. There is more pressure than ever to track, measure, audit and report on progress toward goals.
  5. 5. Procurement plays a pivotal role in driving sustainability 5 of a company’s ESG risk is made up of scope three emissions from supply chains. Up to 90% https://www.epa.gov/climateleadership/scope-3-inventory-guidance
  6. 6. 6 50+% of company leaders see sustainability as a top 3 procurement priority. But only 22% of procurement leaders agree. HFS Research and Accenture, 2021, 352 enterprise leaders —Josh Matthews, Practice Leader, HFS Research; Saurabh Gupta, President, Research and Advisory Services, HFS Research But there is a disconnect between C-suites and procurement leaders While c-suites see the need for sustainability they must do more to champion efforts across the business—including procurement.
  7. 7. 7 And c-suite leaders need to prioritize putting more sustainability resources towards procurement processes and teams. Organizations spend less than 2% on ESG, and more than half of leaders see that staying the same or even decreasing. HFS Research and Accenture, 2021, 352 enterprise leaders— Josh Matthews, Practice Leader, HFS Research; Saurabh Gupta, President, Research and Advisory Services, HFS Research
  8. 8. 8 Ways to improve measuring sustainability: Procurement’s key challenge to prioritizing sustainability Since there are no measurements to sustainability in place today—and the value to delivering continues to go unrecognized by most leaders—there is no incentive for procurement to deliver on sustainability goals. Metrics to capture sustainability activity. Awareness and resources to embed sustainability into every aspect of the procurement process. More sophisticated data and governance tools. Collaboration across company resources and sustainability targets.
  9. 9. 3 places to start measuring the impact 9 Energy Travel Logistics 1 2 3 According to our study, respondents see these as three main spend categories to initially focus on:
  10. 10. Energy 10 Levers to pull: Consider a transition to renewable energy. This can drive millions in savings. Using renewable energy can also help companies manage future volatility in the energy market.
  11. 11. 11 A leading manufacturer is forging a sustainable future A leading manufacturer created a program that collects energy, water and waste data from their invoices to report progress against its public sustainability goals.
  12. 12. Travel 12 Be more thoughtful about when and how to travel for in-person meetings. Take advantage of emerging fuel trends, such as sustainable aviation fuel, to green up your corporate travel programs. Give employees upgraded travel booking tools to help them consider the carbon implications. Levers to pull:
  13. 13. 13 A pharmaceutical company focuses on reducing scope 3 emissions A pharmaceutical company developed a 10-year roadmap outlining how procurement will help achieve their corporate goal to reduce Scope 3 emissions by 30% by 2030.
  14. 14. Logistics 14 Electrify your fleet or pursue electric last-mile strategies. Look into using greener fuel. Transition from carbon-intense delivery (air) to less harmful modes of operation (road and ocean). Use technology in scheduling reverse logistic programs so trucks never travel empty. Levers to pull:
  15. 15. 15 A global automotive giant embraces renewable energy A global automotive giant is pursuing a solar project at its largest manufacturing plant that will achieve more than half of its goal of 80% renewable energy by 2030 while driving estimated savings of $26 million over 15 years.
  16. 16. 16 Start your sustainability journey The drive for a more sustainable future is only getting stronger. Regardless of industry, companies are increasingly being judged by the role they play. Take the first—or accelerate the next—steps in your company’s sustainability journey by reading our full report. https://www.accenture.com/sustainabilepro curement
  17. 17. 17 About Accenture Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 699,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com. Copyright © 2022 Accenture. All rights reserved. Accenture and its logo are trademarks of Accenture.

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