Make more progress on your brand’s sustainability initiatives by leveling up from manual processes for tracking suppliers.
Get the eBook
When up to 80% of your supply chain data lives outside of your organization, gathering external information to validate supplier claims and measure sustainability efforts can be a monumental undertaking. Certifications, quality assurance documents, operational data, traceability and transparency data, and regulations documentation are just a few examples of the documentation powering more sustainable supply chains. Fortunately, there’s a better way for food and beverage (F&B) companies to get the data needed to make good environmentally focused initiatives—without hours of manual effort.
A better balance for ESG
There’s nothing wrong with being ambitious. But lofty environmental, social, and governance goals can seem even more unreachable without a baseline. In order to determine where your organization is today—whether you’re looking at carbon emissions, water usage, waste generation—you need access to key sustainability data from your suppliers.
Harnessing supplier data is not without its hurdles, though. Apart from manual processes slowing down your efforts, regulations and cultures can also stand in the way of centralized data collection. Your suppliers may have major information gaps that they’re passing onto you, causing you to fall short of ESG goals year after year.
%
of brands are placing greater emphasis on supply chain traceability
%
of F&B companies are falling short on ESG initiatives despite good intentions
A single source of truth for sustainability
If you really want to improve progress toward ESG initiatives, then you need to accelerate your data collection. In this guide, we explore a new way for F&B companies can access third-party data to conduct and report on product lifecycle analyses. Once all of this information becomes more accessible, making sustainable choices becomes so much easier.
A greener approach for your brand
This guide contains insights that will help you move forward, wherever you are in your ESG journey. Download it today to discover how to:
-
Set realistic sustainability goals and building a foundation for progress
-
Establish an initial understanding of your Scope 3 supply chain by assessing key ingredients in your supply chain
-
Harness data into an overall Carbon Action Ranking and Score for suppliers
-
Simulate what will happen to your supply chain by manipulating key sustainable variables and suppliers
-
Evaluate and reduce your footprint over time while focusing on your core business
A SNEAK PREVIEW
Introduction
To create fantastic products and bring them to market, food and beverage (F&B) companies must be able to gather, manage, and act on all kinds of documentation and data from their supplier communities.
Certifications, quality assurance documents, operational data, traceability and transparency data, and regulations documentation are only a few examples of what’s needed to ensure quality, safety, and compliance.
Over the past few years, the focus on sustainability has amplified the need for more accurate, real-time supplier information so F&B companies can evaluate product lifecycles, inform strategic ESG initiatives and support product claims. As industry regulations intensify, the demand for this data will continue to grow.
Historically, gathering external data to validate supplier claims and measure sustainability efforts has been like a game of cat and mouse. When you can’t get the supplier data you need, it becomes nearly impossible for your company to make good on environmentally focused initiatives.
“With such a manual approach, you can only get so far into your supply chain.”
— Paul Bradley, Senior Director of Product Marketing, TraceGains
More resources designed to accelerate product development
The State of ESG Compliance for the F&B Industry
The 2024 Food Industry ESG Survival Guide
