Sustainability Accounting and Supply Chain Management: Find and Reduce Risks and Costs - Video

The supply chain professional requires accurate information from multiple internal and external sources to develop strategies, establish performance metrics, choose supply sources, build schedules, and monitor execution performance. Finance and accounting are one of those critical information sources. Any significant change in their focus is essential information to supply chain professionals.

A change has developed within finance and accounting driven by the threat posed by global warming. The following paragraphs describe these new developments as well as the actionable content of the webinar.

Eco-sustainable business management is based on operations data and standardized metrics that enable performance comparisons between companies on traditional measures. And on the new requirement to identify and inventory the current level of GHG emissions and excessive water usage and reduce both in a structured, preplanned, and timely manner. These new measures indicate that an organization's leadership understands the existence of the previously hidden costs of pollution and recognition of its future financial risk. The response to global warming has now been monetized!