We are immersed in an era of constant change, and citizens and organizations must adapt to a new daily reality. We see new norms like the future in corporate matters The Due Diligence Directive requires companies to be responsible for their environmental impacts along the value chainThis and other regulations are causing companies to make internal changes to comply with the law, extending to their entire supply chain. Any company that aligns its supply chain with ESG environmental, social and corporate governance criteria It plays a fundamental role in this environment by seeking different ways to reduce the consumption of natural resources, the wastage of inputs or the waste produced, as well as improving the transparency of operations and relations with suppliers.
to say Y Oracle They wanted to provide professionals involved in managing value chains with tools to help them improve their environmental performance. In this way, the two organizations in Madrid “Toolkit Sustainability and the Value Chain: How to Manage the Environmental Footprint in the Value Chain with the Support of Technology”, a practical and highly useful document that clarifies issues such as the importance of sustainability in operations or how technology can help the supply chain with a special focus on the environmental factor. To this end, the guide also provides a range of practical examples that present how different companies in different sectors and sizes have implemented these practices at different stages of their value chain.
The evolution of the ESG sector
During the presentation session, it became clear that companies need to integrate sustainability into all their business and corporate processes, across their entire value chain. It indicates Promote a circular economy internally and manage climate-related risks across the organization. All this with the aim of improving efficiency and eliminating losses, while at the same time reducing emissions and environmental impact.. In this order, Albert TriolaGeneral Director of Oracle Spain, “Sustainability and business go hand in hand in today’s business world, and Oracle is a clear example. We fully manage this aspect throughout our entire value chain. On the one hand, we only work with suppliers who have sustainable principles in production and logistics processes. On the other hand, our own Cloud operations are clean and 100% of our data centers in Europe are already powered by renewable energy, for example.Finally, we help our customers develop innovative solutions that reduce environmental impact.
The manager further notedOnly through integration of sustainability metrics With business across the organization, it is possible to set realistic and concrete objectives and control their fulfillment over time. And Oracle technology is perfect for the task.
He President of DIRSE, Alberto Andrew PinillosHe was responsible for contextualizing the presentation of the document by referring to the evolution of the ESG sector due to several factors, such as the European Regulatory Package, the commitments in the regulatory act on NetZero by 2050 and a 55% reduction by 2030. DIRSE, “Sustainability and value chain ranked fourth in over 15 battery” Toolkits We are promoting from DIRSE with the aim of increasing the capabilities of technical and related sustainability directors with other areas of the company”.
And, Andrew pointed out, “one of the major challenges of corporate governance Integrating different sustainability initiatives into key business activities of the entire value chain, Not in isolation to one department or some process. This adaptation and new approach will have a greater impact on the activities undertaken by the company”.
360 view
The working daytook place in Castellana 81 Auditorium On the morning of May 24, teachers attended Toolkit, as well as some of the protagonists representing cases that illustrate the guide, such as COFARES, SAICA or EULEN. In this way, a discussion table was brought together under the title “360º Sustainability Vision”. Aitor Mados Sanchez, Director of Innovation and Supply Chain Coffers; Gonzalo Aguirre SanchezGlobal Director of Supply Chain Saiga and Joaquin Alvarez y ReygosaDirector of Selection, Development and Compensation for Corporate HR Area Owls. Referee Isabel Fernandez CasqueroApplications Business Development Manager at oracle, They shared methods of developing and integrating integrated measurement tools to produce, at the core of their financial operations, the integration of sustainable initiatives in the value chain and the digitization of processes to help address the challenge. , Procurement, HR etc.
when DiscussionParticipants recalled that regulatory changes and obligations adopted by states and the European Union on ESG matters oblige companies. Adaptation of their systems and working methods. In this sense Isabel Fernandez The panelists asked how proper planning and management of the value chain can help companies achieve a more sustainable supply chain. Editor Mados He responded with the example of COFARES, where they have taken steps to reduce the consumption of compression wrap or CO2 emissions by using less polluting fleets.
Joaquin AlvarezFor his part, he insisted At EULEN they take action in their value chain, From the HR center by incorporating candidates with difficulty in onboarding (senior talent, functional diversity, etc.).
After asking all the experts, there is no doubt To meet ESG obligations and address the associated supply chain challenges, companies must digitize processes Within its chain, it allows its proper management and accounting. For this reason, it is essential to digitally implement mechanisms that improve its supply chain and connect integrated measurement tools to the core of its finance, production, procurement and human resources operations.
Action closed Guillaume Basquet, head of applications for Iberia at Oracle; Reaffirms that sustainability objectives are closely linked to improving operational efficiency. In addition, he highlighted the fact that it is necessary to link ESG objectives with the concepts of resilience, agility and reliability.
