When it comes to sustainability, it's essential to look beyond just the operations within the four walls of an organization. A revealing study by Sourcing Champions and Valuedesk found that up to 90% of a company's carbon footprint could be attributed to its supply chain. This significant statistic brings into focus the tremendous role that procurement plays in the sustainability initiatives of companies.
Global Challenges Demand Global Solutions
The climate crisis is without doubt one of the most urgent challenges humanity faces. Across the globe, nations are rallying to combat global warming. Businesses are equally pivotal in this battle. With mounting pressure from consumers who are increasingly making purchase decisions based on a brand's environmental ethos, and regulators demanding clearer transparency and action on sustainability, companies can't afford to overlook this issue.
Where Procurement Fits In
The findings from the study underscore the significance of the procurement function. A staggering 93% of procurement professionals agree that sustainability tops their priority list. Companies, it seems, are not only aware of the importance of reducing their carbon footprint but are also taking steps in that direction. Yet, the path is not as straightforward as one would hope. While there's a clear understanding of the importance of sustainability, a gap remains. Only half of the companies surveyed had a well-defined net-zero target inclusive of Scope 3 emissions, which represent indirect emissions from activities outside their direct control, like those from their supply chain.
Impact on Hiring
So, what does all of this mean for hiring?
Demand for Green Skills: Companies will likely be on the lookout for professionals who understand sustainable procurement and can implement eco-friendly strategies. This would mean a surge in demand for procurement professionals with sustainability expertise and certifications.
Shift in Company Values: As businesses recognize the value of a sustainable supply chain, they will prioritize hiring individuals who align with their sustainability values across all roles. Companies will be seeking candidates who can think critically about sustainability and bring innovative ideas to reduce carbon footprints.
Reputation & Branding: Companies that actively prioritize sustainability are likely to be viewed more favorably by job seekers. A company’s stance on sustainability can be a determining factor for potential employees who want to work for responsible organizations.
Transparency and Accountability: With only 50% of companies setting clear targets for Scope 3 emissions, there's room for improvement. Companies may start hiring for roles specifically focused on tracking, measuring, and reducing these indirect emissions, further integrating sustainability into their core business strategy.
Interdisciplinary Collaboration: The integration of sustainability in supply chains means that companies will prioritize hiring individuals who can work across disciplines. Professionals who can collaborate with departments like marketing, finance, and operations to ensure a holistic sustainability approach will be in demand.
As the world grapples with the pressing issue of climate change, businesses play a frontline role. Their supply chains, often spanning the globe, are critical components of their carbon footprint. With procurement at the helm of this challenge, a paradigm shift in hiring strategies is imminent. Companies will increasingly scout for talent that not only meets role-specific qualifications but also aligns with their broader sustainability vision. The future, it appears, will be green not just in ethos but also in employment opportunities.
For those looking to delve deeper into the nuances of sustainable business practices, we urge clients to download our report on 'The Case for Sustainable Business Practice'. This report provides actionable insights that are invaluable in today's market. Furthermore, if you're seeking to hire the right talent to drive your sustainability goals, please request a call back from DSJ Global. We're here to facilitate and expedite the recruitment process tailored to your needs.
Candidates eager to contribute to this evolving landscape are encouraged to submit their resume to DSJ Global. Together, let's champion a sustainable future.