JLFCapture via Getty Images
peepo via Getty Images
The notion that free trade equals exporting jobs is an easy sell with many American voters. The reality -- that jobs rely on complex supply chain relationships to keep North America competitive in the face of global competition -- is definitely not as catchy.
Unexpected partnerships with suppliers have sprouted up. All of a sudden aerospace companies are working with teams to fine tune aerodynamics. Defence companies are providing cutting-edge materials for athletes to wear. Information technology companies are mining and analyzing data.
Abject poverty and a sick father has forced Bithi's family to send their two oldest daughters to the garment factories to sew designer clothes that will be sold in shops in Canada, the United States and other high-income countries. Every day, Bithi helps create a minimum of 480 pair of pants, earning the equivalent of about $1.20.
Transparency is one of those words that is constantly thrown around in the business world. Many companies make claims of an increased commitment to transparency, but approach these promises under the simplest definition: openness and honesty in business practice.
shironosov via Getty Images
Companies in a variety of sectors are not letting potential challenges hinder their efforts to achieve a deforestation-free supply chain, however. Rather than allowing potential roadblocks to hamper sustainability efforts, corporations are harnessing technological innovations to achieve environmental and business objectives.
Deborah Pendell via Getty Images
While auditing your global supply chain may at first glance appear to be a costly, time consuming and seemingly insurmountable process, an existing infrastructure of widely available tools and resources affords companies the opportunity to do this audit efficiently and effectively.
As environmentally conscious consumers increasingly demand more sustainable packaging, we are seeing significant innovation in food industry packaging. With that, we see five emerging trends that we expect to continue and grow in coming years.
Justin Sullivan via Getty Images
One year ago Asia Pulp & Paper (APP) announced its Forest Conservation Policy (FCP), immediately halting all natural forest clearance across its entire supply chain. Specifically, we outlined four key priorities for 2014 to engage our broader industry and other sectors to help accelerate the realization of zero deforestation.
As retailers expand their online sales capabilities in response to consumer demand, there are five key ways they can educate their customers in understanding the reduced environmental impact from shopping online.
Earlier this fall I participated in a panel at the Toronto Board of Trade about "Achieving a sustainable and responsible global sourcing policy." Given their supply chain power, companies must continually advance more sustainable practices and must be reinforced by benchmarking transparency standards. In practice, what does this mean?
Some businesses have demonstrated that they can implement and scale the environmental benefits far better traditional approaches to "saving the environment" while also delivering shareholder value. How successful will business be in influencing Canada's approach to environmental issues?
Placing a price on carbon of anywhere from $10 to $80 a tonne can have a profound effect on business planning. It can help a company cut costs, while dramatically reducing its risk and exposure to rising energy prices and a price being put on carbon. Which brings us to an important question...
It turns out that consumers want one thing: their issues resolved. And, they want it done fast. Faster than fast. The challenge is this: the majority of brands act fast... as fast as they can. Sadly, it's not even close to being fast enough for consumers. Now, brands and consumers are going to have move forward and figure out a way to define what the true speed limits are.