#23 - Planet - Tackling Supply Chain Data Challenges Through Procurement Collaboration

Focus on the critical challenge of improving supply chain data transparency, quality, and reliability for sustainability purposes. Featuring experts from Rewired Earth alongside procurement, finance, and sustainability professionals, it explores current data problems and potential solutions centered on industry-wide collaboration, standardization, and shared data infrastructure. The challenge: A significant gap exists between the need for accurate, reliable sustainability data and the current reality of fragmented, inconsistent, and often estimate-based information across supply chains. Unlike standardized financial data, this lack of reliable ESG data (especially for Scope 3) hinders informed decision-making, true impact assessment, effective supplier comparison, and genuine progress on sustainability goals. What you’ll learn by watching: - Why reliable, transparent, and comparable sustainability data is essential for decision-making and risk management, yet currently lacking. - The fundamental need for cross-industry collaboration to develop common standards, methodologies (like TFS for PCF), and shared platforms, reducing redundant efforts. - How standardizing data at a transactional level, potentially using common digital tags, could significantly improve data quality, interoperability, and assurance. - The importance of shifting the focus of data collection from purely reporting towards enabling meaningful change and performance improvement within the supply chain. - Recognizing that accurate sustainability data is becoming business-critical and can provide competitive advantages and demonstrate resilience. Thematic Track: Planet Resources & Links: - Rewired Earth: https://www.rewired.earth/ Join the SPP community. Sign the Pledge. Let’s get it done—together. https://spp.earth/join/ #SPP #WSPD2025 #ProcureTomorrow #SustainableProcurement