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Sustainability, most broadly, is defined by the United Nations Brundtland Commission as “meeting the needs of the present without compromising the ability of future generations to meet their own needs.” At present, there are many guidelines that companies can follow to track their sustainability.
Examples include: the UN Sustainable Development Goals (SDGs), GRI Standards, the U.S. Securities and Exchange Commission Climate-Related Disclosures for investors of public companies and ESG policies/reports that are company specific.
But, if your company manufactures products using a mix of supplier inputs, then you must not only keep track of your own company’s sustainability metrics and performance, but also that of your suppliers...that is, if you want to be truly sustainable.
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