BSR Insight | Measuring Metrics That Matter in Supply Chain Sustainability
BSR's recent report guides companies on how to design effective supply chain sustainability indicators and metrics, which are essential tools in helping companies demonstrate both internally and externally the value of these strategies.
In designing metrics, BSR recommends that companies:
- Assign ownership to indicators: Companies should design key performance indicators that define who is responsible for implementation and who is accountable for achieving objectives.
- Increase focus on suppliers' management capacity: While strong performance is the ultimate goal, capacity for independent management of social and environmental issues is crucial for suppliers to take ownership of their sustainability progress.
- Establish value for suppliers: Metrics that clearly quantify the value resulting from responsible sourcing programs will motivate suppliers to continue their performance improvements.
- Communicate program value externally: Stakeholders want to understand the processes through which companies meet their supply chain sustainability commitments and the value created for the brand.
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