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There is tremendous pressure on the natural environment today along with escalating concerns around fast depleting finite resources. Governments, communities, investors and consumers among others are demanding that enterprises do business in a sustainable manner. It has become clear that a sustainable supply chain is a key to a sustainable future; many large enterprises recognize the need to invest in sustainability beyond their own operations and help create reliable and responsible supply chains. This contributes to success in the globalized and dynamic world of today.
Small & Medium Enterprises (SMEs) – being an integral part of the supply chain of large companies are also facing the pressure of doing business in a sustainable manner. Sustainability is fast becoming a minimum requirement for remaining relevant in the current business environment – especially for those SMEs that seek to engage with governments and large companies. In this backdrop Bombay Chamber is pleased to release a “Supplier Sustainability Toolkit”- a Guideline for Medium and Small Enterprises.
This Toolkit supports SMEs in developing sustainable practices within their enterprise. It provides background information, guidelines, checklist for managing sustainability risks /opportunities to SMEs for managing risks and be aware of opportunities for their business, practical tips and a step by step approach for implementing sustainability in an organization.
