State of Supply Chain Sustainability 2022 slide image

State of Supply Chain Sustainability 2022

Supply Chain Sustainability Goals: The Environment Bounces Back Once we understood variation in pressure sources, we looked to understand how respondents evaluated their firms' supply chain sustainability goals. Like the approach we applied to understanding sources of SCS pressure, we compared the responses across 10 different dimensions of sustainability over the three years of survey data. Again, for each sustainability dimension, responses mostly coalesced around an average score of 3.5. However, every dimension shows change year over year. And when comparing 2020 to 2021, every dimension shows an increase. Interestingly, commitment to climate change declined from 2019 to 2020 but then shot up significantly from 2020 to 2021. This was also true of respondents' prioritizations of supply chain circularity. At the same time, commitment to social issues, including human rights protection; supplier diversity, equity, and inclusion; and fair pay and fair trade continue to make steady increases every year from 3 ("high") in 2020 to 4 ("very high") in 2021. Put Your Money Where Your Mouth Is: Supply Chain Sustainability Investments We also investigated the potential gap between the respondents' assessments of their firms' supply chain sustainability goals and their assessments of their firms' investments to meet those goals. Respondents were asked to assess their firms' investment in the same 10 sustainability dimensions using the same 1-5 Likert scale. In Figure 8, we compare average responses along each dimension. It is, perhaps, not surprising, though disappointing all the same, that every dimension shows goals ranked more highly than investment. And indeed, this has also been the case in prior years' reports. Actual investment is, after all, costlier than is goal-setting. But we can also detect a subtler signal in Figure 8: The gap between goals and investment is higher on social dimensions than for environmental ones, another repeat from last year's report. However, we also see evidence of progress in closing the sustainability investment gap in recent years, particularly for human rights protection. To what extent is each of the following issue areas a focus of your firm's SCS goals? 2021 Average Score 2019 > 2021 2020 > 2021 Employee welfare & safety 4.1 10% 1% Energy savings & 3.9 7% 5% renewable energy Human rights protection 3.9 1% 4% Local community impact 3.8 2% 2% Climate change mitigation 3.7 -3% 12% Fair pay & fair trade Supplier diversity, equity, & 3.7 2% 6% 3.6 5% 7% inclusion End-of-life management & 3.5 -5% 9% supply chain circularity Water conservation 3.4 1% 7% Natural resource & 3.4 7% 10% biodiversity conservation 1 Not a priority ... 5 = Very high priority Figure 7: Goal change from 2019-2021 (n = 1,100) Difference in the average response for how the following issue areas are a focus of their firm's SCS goals compared to what extent it is a focus of their firm's SCS investment. A negative value indicates the score for goals is greater than investment. -0.31 2019 -0.38 2020 Climate change mitigation -0.38 2021 -0.38 2019 -0.31 2020 End-of-life management & supply chain circularity -0.32 2021 -0.30 2019 -0.35 2020 Energy savings & renewable energy ENVIRONMENTAL -0.33 2021 -0.21 2019 -0.36 2020 Natural resource & biodiversity conservation -0.29 2021 -0.35 2019 -0.40 2020 Water conservation -0.43 2021 .-033 2019 -0.45 2020 Employee welfare & safety -0.39 2021 -0.50 2019 -0.50 2020 Fair pay & fair trade -0.47 2021 -0.97 2019 -0.76 2020 Human rights protection SOCIAL -059 2021 -0.42 2019 -0.50 2020 Local community impact -0.42 2021 -0.54 2019 -0.42 2020 Supplier diversity, equity & inclusion -0.45 2021 Figure 8: Gap between goals and investments (n = 2,187) State of Supply Chain Sustainability 2022 | Changes Over Time | sscs.mit.edu | 9
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