ESG – Philips Supplier Sustainability: From Transactional Compliance to Collaborative Improvement – From Reactive to Predictive!

ESG – Philips Supplier Sustainability: From Transactional Compliance to Collaborative Improvement – From Reactive to Predictive!

Date: Tuesday, September 14, 2021

Time: 11:00am-12:00pm ET

Speakers:

✔ Marco Baren, Head of Supplier Development, Supplier Sustainability and Market Intelligence, Philips


Description:

Shared Assessments members will hear from fellow member Marco Baren, Head of Supplier Development/Supplier Sustainability and Operational Excellence at Royal Philips. Philips is a widely recognized Environmental Social Governance (ESG) leader with a long-term, and very successful, focus on sustainability. Marco will recount Philips' sustainability journey and explain how and why the firm moved away from a pure supplier audit approach to become sustainability partners with so many of its suppliers. These partnerships have generated sufficient data and analytical insight to predict sustainability scores, a groundbreaking step and another move towards full transparency. All based on some simple lean principles, applied in a rigid way!

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