29 October 2024
Logistics operators now have sustainability firmly on the agenda
ESG factors have changed the logistics sector and more is to come, experts agreed at Real Asset Media’s Sustainability Logistics briefing, staged at the international Investor’s Lounge at EXPO Real in Munich in October.
“We have seen the trajectory with the E of ESG and our expectation is that the same will happen with the S, the social element,” said René Buck, chief executive of BCI Global. “There will be more directives and regulations and companies will need to look at their end-to-end value chain to make sure they comply.”
In a not-too-distant future companies will need to prove compliance with labour laws, guarantee the health and safety of workers, demonstrate good relations with the local community and prove to customers that the entire supply chain is transparent and compliant. Companies that have first-mover advantage because they are already doing the right thing will reap rewards experts agreed.
Distract from Nicol Dynes, Sustainable Logistics Briefing