Walmart gives preference to suppliers who are taking steps to improve their ecological impact
The opportunity
From IBM and P&G to the federal government, institutions are adopting sustainability initiatives aimed at measuring and managing environmental impact at the hundreds of thousands of companies in their supply chains. The benefits of these programs to the triple bottom line can be significant, and the market signals they send are already affecting broad industries.
Today, evaluating suppliers for sustainability usually entails comparing a variety of vague qualitative claims
The challenge
Assessing supplier sustainability across value chains that are broad and deep is nontrivial, and is confounded by competing green claims that lack consistency and verifiability. Without a standardized, data-driven system for analyzing suppliers, most companies are forced to settle for qualitative assessments that restrict possiblities for data-driven decision making.
A few of the quantitative factors that would contribute to an overall "green score"
A new approach
Brighter Planet's CM1 platform brings analytic rigor to the supply chain assessment process. Our standards-certified carbon, energy, and resource models for facilities, fuels, transport, and production can be combined with business characteristics databases, revealing new sustainability insights by using algorithms to compare suppliers across business processes and generate refined performance metrics.