This project is taking on monitoring deforestation and ensuring companies keep their commitments to lessen the eco impacts of their supply chains. From non-profit organization Forest Trends, the Supply Change platform lets anybody track a business's progress when it comes to reducing deforestation. This is important work given how many products from some of the world's largest firms are made from illegally deforested land.
The Supply Change tool is monitoring deforestation by giving brands and customers the change to stay informed on the behaviors of businesses promising to introduce more sustainable practices. It is described as a "transformational resource" that combines data of about 300 businesses and their general commitments, as well as information relating to palm, soy, cattle, timber and pulp.
Transparency is an important part of corporate social responsibility, especially concerning monitoring deforestation, the environment and ethical consumerism.
Sustainability-Tracking Tools
Supply Change is Monitoring Deforestation in Business Supply Chains
Trend Themes
1. Deforestation Monitoring - Developing a technology to monitor deforestation can create opportunities to encourage more sustainable practices and reduce the ecological impact of businesses’ supply chains.
2. Sustainability-tracking Platforms - Creating sustainability-tracking platforms could help individuals and organizations stay informed on the sustainability practices of businesses and hold them accountable for their impact on the environment.
3. Ethical Consumerism - Promoting ethical consumerism may influence businesses to adopt more sustainable and environmentally-friendly practices.
Industry Implications
1. Supply Chain Management - The supply chain management industry can benefit from integrating deforestation monitoring technologies and practices to improve sustainability and social responsibility.
2. Environmental Advocacy - The environmental advocacy industry has a role to play in encouraging the implementation of deforestation monitoring and other sustainability practices in businesses and supply chains.
3. Technology - Developing and implementing technology for tracking and monitoring sustainability practices can create new opportunities for innovation and differentiation in the technology industry.