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E-book Responsible Procurement : Leading the Way to a Sustainable Tomorrow
In June 1947, a group of nuclear scientists from the former Manhattan Projectlaunched theBulletin of the Atomic Scientists, a magazine that monitors newdevelopments in the life sciences and technology that could inflict irrevocableharm to humanity. That first issue had a simple image on its cover, a clock with itshands set at 7 min to midnight, that was the Bulletin’s visual metaphor to warn how close humanity was to annihilation—midnight—due to the danger of nuclear war(BBVA,2021). Since then, the so-called Doomsday Clock has served as a warningand reminder of the global existential threats created by humanity against itself,which today also includes climate change and global pandemics. Over the years, itshands have been moved forward or backward depending on the intensity of the risk.Since 2020, the clock has been set at only 100 s to midnight, the closest it has everbeen to the end in its entire history. The climate crisis was listed as one of the mainreasons why we are now closer to the end of the world than ever before (Mecklin,2021).However, procurement can play an important role in moving the hands of theDoomsday Clock further back and pulling humanity away from the brink ofcollapse.The clock is ticking, so it is time to change the way we treat the planet and all itsecosystems. It is time to change the way some people are abused for the sake oflowering the cost of consumer goods. It is time to change the way we live, time tochange the way we do business, and time to put sustainability on top of the agendawhen making supply chain and procurement decisions.Sustainability, once a niche concern and away from the limelight for manypeople, is now well and truly the focus of mainstream media news headlines. Thisshould add significant weight to the calls for action coming from governments,NGOs, consumers, and investors, who will in turn make sure that these calls areheard loud and clear in boardrooms across the world. There have always beenprogressive Chief Executive Officers and companies that have seen the opportunitiespresent in sustainability. Now it is time for all companies to pay attention to what isgoing on around them. There is a seismic shift in favor of“accelerating sustainablesolutions to all the world’s biggest challenges—ranging from poverty and gender toclimate change, inequality and closing thefinance gap.”The decade of action, aUnited Nations-backed campaign to transform our world within 10 years, appears tobe underway (UN SDGs,2021). There are of course challenges in the way, but thecase for business sustainability is strong, and it will not go away. It is a case of ignoreit at your peril.
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