2Sustain

Corporate sustainability programs aren’t typically integrated with tax departments, and that could be costing companies valuable financial opportunities, according to new research from Ernst & Young LLP.

The survey, entitled Working Together: Linking sustainability and tax to reduce the cost of implementing sustainability initiatives, included responses from 223 senior executives at companies predominantly in the US. 19 percent of those polled were Chief Sustainability Officer (CSOs), while the remaining 81 percent were tax directors or their equivalent. Responses from each group were vastly different, highlighting the lack of coordination between the two groups. For example, only 28 percent of tax directors believe their company has a sustainability strategy or is developing one, compared to 90 percent of CSOs surveyed. In addition, the survey results showed that: (more…)

Despite the economic downturn, companies are continuing to work on improving supply chain sustainability. However, it’s clear that financial ROI is becoming more important than ever before.

In the 2010 North American Sustainable Supply Chain Report, recently released by eyefortransport, financial ROI is now the second highest driver of supply chain sustainability –catapulting from its ranking as the ninth highest driver in 2009.

The survey, conducted in March and April 2010, polled 600 business professionals. 48 percent of these represented shippers.  29 percent represented 3PLs. And, 23 percent represented supply chain solution providers.
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A new study from Retail Systems Research (RSR) and the Retail Industry Leaders Association (RILA) found that top retailers have integrated eco-friendly practices into their business operations, and that they remain committed to these sustainable practices despite the downturn in the economy. According to the report, “green” is rapidly creating a strategic advantage throughout the retail sector and has reached enterprise status among industry leaders.

The 28-page benchmark report, titled “Real-World Green: The Role of Environmental Savings in Retail,” offers insights about how top-performing retailers (“winners”) differ from industry laggards in terms of both green motivations and execution.

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