11 April 2022 — Sustainability is one of the most important and complex challenges facing the world today. Yet, 28% of supply chain companies still don’t have a sustainability strategy in place, according to “Real-Time Visibility and Sustainability in Europe’s Logistics Sector”, a Europe-wide survey of more than 200 supply chain stakeholders from Sixfold by Transporeon and Transport Intelligence (Ti). A further 20% have a sustainability strategy that is less than two years old, highlighting the general lack of maturity across the industry.
In terms of companies’ motivations for implementing sustainability strategies, reducing the carbon footprint (19%) is the top target. This is followed by cutting costs (16.8%) and increasing operational efficiency (16.7%). Just 7% say their main sustainability target is to reduce empty mileage.
Other key findings include:
- Data has a key role to play in monitoring and managing emissions, with 45% having already integrated real-time visibility into their sustainability strategies.
- Carrier performance monitoring and route optimisation are two other key technologies that stakeholders either already have in place, or plan to implement within the next two years.
- The internal adoption of technology is the most significant factor in determining the pace at which sustainability strategies are implemented.