About Graham Freeman

Graham Freeman is a content writer and editor at Intelex Technologies in Toronto, where he writes on topics relating to quality management. You can follow Graham on LinkedIn by clicking here: www.linkedin.com/in/graham-freeman-aa5a575b/

Understanding the Impact of AI on ESG

As ESG frameworks begin to move from voluntary to mandatory, the data required to meet these obligations will increase. Artificial Intelligence (AI) solutions will have to replace traditional approaches to managing information if organizations want to remain compliant.
As ESG frameworks begin to move from voluntary to mandatory, the data required to meet these obligations will increase. Artificial Intelligence (AI) solutions will have to replace traditional approaches to managing information if organizations want to remain compliant.

Over the last few years, the world has started to look like a very different place. A global pandemic, international political instability, a drastic increase in climate-related disasters and greater calls for an end to social inequalities are changing the way we look at the world and the way we interact with our stakeholders. As just one example, according to the World Meteorological Association, there have been 11,000 reported weather-related disasters resulting in more than 2 million deaths and USD $3.64 trillion in damage since 1970. With many environmental researchers predicting that this is likely to worsen in the decades ahead, it becomes clear that we are living in a time … Read more...

Surviving the Global Supply Chain Breakdown: Threats and Opportunities 

By diversifying suppliers, sharing information along the supply chain and developing regional solutions augmented by technology and real-time data, we can have flexible supply chains.
By diversifying suppliers, sharing information along the supply chain and developing regional solutions augmented by technology and real-time data, we can have flexible supply chains that respond to rapidly evolving crises in a way that guarantees the flow of critical components for manufacturing and products to consumers. 

If you can still manage the stress of looking at the world news, you’ll have noticed that the supply chain is a frequent story. Over the last two years, it has taken a pounding from the pandemic, labor shortages, lockdowns, environmental disaster and geopolitical hostilities. Dealing with one of these events at a time is serious enough but dealing with all of them at once has essentially blown apart the global supply chain as we knew it in 2019. 

The supply chain itself is somewhat to blame for this. The traditional approach to global logistics has prioritized profit over resiliency, including single-sourcing of … Read more...

ESG Considerations Mean We Must Change the Way We Think About Risk

Mitigating ESG risk in a world of seemingly constant disruption isn’t an easy task, but there is help. Risk frameworks are critical for incorporating risk-based thinking for ESG into your organization’s strategic vision.
Mitigating ESG risk in a world of seemingly constant disruption isn’t an easy task, but there is help. Risk frameworks are critical for incorporating risk-based thinking for ESG into your organization’s strategic vision.

In his annual letter to CEOs, BlackRock CEO Larry Fink described the decarbonization of the economy as “the greatest investment opportunity of our lifetime.” He also noted that “we focus on sustainability not because we’re environmentalists, but because we’re capitalists and fiduciaries to our clients.” In other words, ESG’s focus on sustainable economies that serve the interests of diverse stakeholders is a fundamental tenet of capitalism.

However, Fink sounds a note of caution regarding the risks involved in ESG. “It will also leave behind companies that don’t adapt, regardless of what industry they are in,” Fink says. “And just as some companies risk being left behind, so do cities and countries that don’t plan for the future. … Read more...

Lessons from the U.S. Army Climate Change Strategy

As the threat of climate change becomes a reality, the world will become a more dangerous place. To meet this challenge, the U.S. Army has released its first climate change strategy.
As the threat of climate change becomes a reality, the world will become a more dangerous place. To meet this challenge, the U.S. Army has released its first climate change strategy.

One doesn’t usually think of the military as being concerned primarily with sustainability. However, the U.S. Army is proving that climate change preparation is necessary for every organization by releasing its first ever Climate Strategy. The strategy emphasizes making the Army more adaptive and resilient to a changing world while decarbonizing its operations in line with the government’s overall approach to meeting climate reduction targets.

This approach will be an important component of a strategy designed to increase the Army’s self-sufficiency and maintain its operational superiority in the face of climate-related disruption. The U.S. Army generates more pollution than 140 of the countries in the world, which means its sustainability efforts will make a significant contribution to international … Read more...

How the War in Ukraine Is Impacting ESG and Supply Chain

Business resiliency and crisis management are more critical than ever, and supply chains that can adapt quickly to global disruption by developing diverse supplier relationships should become the norm and not the exception.

Russian’s invasion of Ukraine on February 24, 2022 marked a radical shift in global geopolitics. Almost two years after the COVID-19 pandemic caused unprecedented global disruption, the rapid changes across Eastern Europe has further demonstrated that the world as it existed in 2019 is over.

As Blackrock’s Larry Fink has pointed out, the era of globalization that we’ve come to consider the natural order of things over the last 30 years is over. Only time will tell what the implications of these events will be. In the meantime, organizations will have to come to terms with new ways of working in a world in which cataclysmic disruptions can happen in a day and change the global landscape … Read more...

Proposed Climate-Related Rules from the SEC: What Do They Mean For You? 

The SEC’s proposed rules on climate-related disclosures are an important step in the fight against climate change. They also promise big obligations for your business. Are you ready?

The Securities and Exchange Commission (SEC) has released its proposed rule changes for climate-related disclosures. These proposals represent a strong commitment to the principles of ESG on the part of the government and the business community. If enacted, they also promise more rigorous environmental reporting obligations for many organizations.

According to The Enhancement and Standardization of Climate-Related Disclosures for Investors, a 509-page document, disclosure “would require information about a registrant’s climate-related risks that are reasonably likely to have a material impact on its business, results of operations, or financial condition. The required information about climate-related risks would also include disclosure of a registrant’s greenhouse gas emissions, which have become a commonly used metric to assess a registrant’s exposure to such risks. In … Read more...

Sustainability and Innovation: Infrastructure Improvements and Reduced Emissions in the U.S.

JA contains billions of dollars in funding to support infrastructure that is resilient in the face of global climate change, including clean energy, electric vehicles and drinking water.
IIJA contains billions of dollars in funding to support infrastructure that is resilient in the face of global climate change, including clean energy, electric vehicles and drinking water.

The narrative of the global climate emergency becomes more dramatic each year. In 2021 alone, climate-driven drought, heat waves, floods and wildfires caused more than $100 billion in damage across the United States. Much of the impact of climate events is felt most significantly by low-income communities that are already vulnerable and lack the economic resilience to withstand crises.

The Biden Administration has made significant commitments to creating a more sustainable economy, including reducing U.S. emissions by 50-52 percent from 2005 by 2030 and facilitating the shift to a net-zero economy by 2050. To meet these commitments, the U.S. needs to fortify its infrastructure, create well-paid jobs that help to lift millions of Americans out of poverty and support technologies and programs … Read more...

Threats and Opportunities in the 2022 Supply Chain

With a complex system like the supply chain, there is no single cause when a crisis occurs. Instead, there are many elements that contribute to system failures.

When the pandemic sent the world into lockdown in early 2020, the global supply chain became the lifeline that kept society operating. From food to luxury items to personal protective equipment (PPE), the logistics that most people never thought about suddenly became a critical point of focus. Yet even as manufacturing shutdowns began to have an impact on the availability of goods, the supply chain remained generally strong. 

In 2021, cracks began to show. Retailers reported increasingly long delays in filling orders, shelves in many grocery stores were empty and cargo ships sat idle in ports around the world. In some locations, climate-induced weather disruption had a significant impact on the ability to produce and transport goods, while COVID-19 roared back and shut … Read more...

ESG Is Changing the Scope of EHS

Meeting ESG requirements is a priority for many organizations, which is changing the role of the EHS professional. 
Meeting ESG requirements is a priority for many organizations, which is changing the role of the EHS professional. 

ESG (environmental, social and governance) has become a global priority. It requires organizations to monitor, measure and report on a number of factors that contribute to the well-being of the global community, such as sustainability, health and safety, diversity and ethical business practices. While many organizations are already making considerable progress in these areas, others are finding themselves under increasing pressure to meet new regulatory requirements and customer expectations. 

As the COVID-19 pandemic continues to ebb and flow, many organizations around the world are working hard to come to terms with a future defined by the responsibility of managing risk and protecting the resources that support our societies and economies. The last two years have provided a sudden and severe wake-up call to the entire world. In what seemed like a mere moment, economies and societies locked down, government … Read more...

Supply Chain Greatest Hits: The Top 10 Knockout Blows That Floored the Global Supply Chain in 2021

The global supply chain has never been tested the way it was in 2021. Where there are weaknesses there are opportunities to become stronger and do better.
The global supply chain has never been tested the way it has in the last year. Where there are weaknesses there are opportunities to become stronger and do better.

2021 has been a challenging year for the global supply chain. While vaccines have done a great job of beating back COVID-19, many of the difficulties confronting global logistics have only come to fruition in the last year. In the midst of the year-end holiday season, we thought it would be a good opportunity to review some of the most serious events that had an impact on how we moved goods around the world in 2021. 

1. COVID-19 Lockdowns 

No one gets any points for guessing this one. The COVID-19 pandemic continues to be the most significant disruption to the global supply chain. The impact of the pandemic on the supply chain was felt almost immediately in early 2020, as the … Read more...