Chapter 3 - Corporate Perspective 3.2 Environmentally Oriented Planning Problems and Tasks Flashcards

1
Q

Sustainability Strategies in the Value Chain
Transformation Strategies (4)

A
  • Sustainable Purchasing (Sustainable Supply Chains)
  • Circular Economy (closed loop supply chains/ closed value chains)
  • Bio-based Economy (bio-based value chains)
  • Climate-neutral Industries (climate-neutral value chains)
How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

Example supplier selection: What is sustainable procurement?

A

OECD Due Diligence Guidance:
(Due Diligence Guidelines)

* Recommendations to help companies respect human
rights and avoid contributing to conflict through their […]
purchasing decisions and practices.

International Standard ISO 20400:
Sustainable procurement - Guidance (2017-04)

* Guidelines for the implementation of processes and
strategies for sustainable procurement.
Guidance for organizations, regardless of their activity or
size, on integrating sustainability into procurement as
described in ISO 26000.

Law on the Due Diligence of Companies in Supply
Chains

* EU legislative initiative, companies will be accountable
for environmental, social and governance (ESG) violations
by subsidiary companies and suppliers, e.g., activities that
are illegal in the country of the purchasing company.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly