Engagement is the key for a really Sustainable Supply Chain
In recent years, a growing number of multinational brands in all markets have been identifying and selecting suppliers taking into due consideration social and environmental indicators. Increasingly, global brands expect their suppliers to meet high ESG (economic, social and governance) standards and are demanding that these suppliers in turn require the same credentials from their suppliers. And so on. The goal is to create a cascade effect of sustainable practices along the supply chain (which is increasingly transforming from chain to network).
“Building and strengthening a sustainable business model is essential to anticipate risks, be resilient and achieve the goals set by the United Nations with Agenda 2030. The Tecnocap sustainability strategy has among its keywords circular economy, digital innovation, sustainable Supply Chain and Social Responsibility “. – comments Michelangelo Morlicchio, CEO and Founder of the Tecnocap Group, transnational company global player in metal packaging and the third largest producer in the world of metal closures for the packaging of glass jars and plastic containers.
Expectations of transparency and commitment to concrete actions on issues related to sustainability are increasingly high. More and more often Tecnocap in collaboration with customers and other suppliers adheres to digital platforms to share information and documentation on the sustainability of products and raw materials. The purpose of these projects is to build a map at all levels of the Supply Chain and monitor all the relevant dimensions of sustainability, from CO2 emissions to social aspects.
Since last year, in partnership with an important customer brand in the food sector, Tecnocap has joined the digital platform Sustainabill to help map and track every stage of the product supply chain, going up to the raw materials, the auxiliaries and any other element that characterizes the metal closures used for the packaging of glass jars.
“Stakeholder demands for action on sustainability are peaking in every industry. With the sustainabill cloud platform, retailers, manufactures and their suppliers can collaborate along the supply chain, get insights into the sustainability of products and materials and drive change. Our platform today is used across many industries such as food and automotive. Companies can monitor all relevant sustainability dimensions, from CO2 emissions to social aspects“. – so presents Sustainabill the CEO, Klaus Wiesen.
The purpose of initiatives like this, in addition to the intrinsic value of collaborating with the customer to improve the sustainability credentials of branded products, is to Identify impacts, risks and opportunities related to the relationship between metal packaging and sustainability, strengthening relationships with all suppliers and taking effective action to improve performance and impact outputs.