Odds are, during your last trip to the grocery store, you searched for a nutrition label to determine how much sodium, fat, or sugar was in the food you were about to buy. And, if you’ve been in the market for a new appliance any time in the last 20 years, you’re probably familiar with the Energy Guide and Energy Star labels that are designed to help you estimate yearly operating costs for appliances and identify energy-efficient products. But have you ever seen a carbon footprint label? If you haven’t, you probably will.
According to a recent Economist article, Follow the Footprints, these labels are a quietly spreading, global phenomenon. And consumers are beginning to take notice – putting their money where their values are.
Currently on more than 5,000 products (and growing) worldwide, these labels may seem like a daunting possibility for many companies. Especially since a good portion of the necessary data lies with the company’s network of suppliers.
That’s why it is key to work with a supplier who is not only open to sharing this information, but who is also skilled at working with companies to develop innovative supply chain solutions aimed at reducing a product’s carbon footprint (see HBR’s blog, Supply Chain, Not Sustainability, Should Manage Your Carbon Footprinting).
At TEQ we have been doing just that, and we’ve been doing it for quite sometime. Case in point:
At TEQ, innovative, green supply chain management is business as usual for us. Is it for you?