Supplier Day Blog

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On Wednesday 27th April, Supplier Day hosted and participated in Vizibl’s Decade of our Lives: Turning Objectives into Action, their third event in a series of webinars spotlighting the most planet critical missions: Climate, Carbon, and the Scope 3 Challenge. We were joined by Thomas Udesen, CPO of Bayer and Co-Founder of The Sustainable Procurement Pledge, who shared his insights into how corporations can turn their ESG objectives into concrete action.

LIVE

After two years of unprecedented disruption, Bayer wanted to engage its most valued suppliers in a redesign of how they would collaborate and grow together going forwards... with sustainability at the core. Having worked with Supplier Day on its bi-annual Bayer Supplier Day in November 2021, Bayer is now restructuring its supply chain collaboration programme to feature more frequent virtual events, large and small, to capture the true power of its supplier community.

Vodafone has been on a big value creation transformation journey, aiming to evolve its positioning from being just a telecoms company to becoming a tech comms platform. On this panel, charied by Caitlyn Lewis (MD SupplierDay), Ninian Wilson (CEO Vodafone Procurement Company), Kenneth Graham, (CEO Tomorrow Street), Paresh Modi (Group Head Of Innovation at Vodafone) and Chris Howath (MD Global Account Lead at Accenture), talk about how they collaborate cross-organisationally to deliver value through collaboration.

Marc Engel has been centrally involved with the movement that Unilever has been making for over a decade now towards sustainability and engaging intensely with suppliers to build out their supplier ecosystem. Unilever started its sustainability journey with a program called Partner to Win, and recently they’ve launched a new program called Partners with Purpose. Marc shares with us what this journey has looked like, where Unilever is now, and what the next steps are going to be for Partners to Purpose.

Supplier Days are your lightning bolt

Supplier Day is well versed in the idea that what you measure influences performance. Linking executive compensation to meeting Environment, Social and Governance (ESG) goals is becoming a practice adopted by several leading companies. Amongst the most recent: VW, Deutsche Bank and Apple. At VW, ESG criteria will be integrated into bonus calculations for the management board. Deutsche Bank will tie the salaries of its supervisory and management boards members to sustainability criteria. And Apple is introducing an ESG modifier that will be incorporated into their incentive scheme.