News from the Pinnacle

21 January 2022: Number of suppliers using supply chain finance services has doubled since 2018 and survey of more than 4,500 chief executives reveals that only a minority have been involved in net-zero targets for their organisation

 The number of suppliers taking monthly early payments using supply chain finance (SCF) services has doubled since 2018, according to research.   https://bit.ly/3fQz3Mp

The number of construction firms going bust has increased by almost 80% as the sector is buffeted by supply difficulties. https://bit.ly/3GRCy1a

Asian apparel manufacturers will have to prepare to accept smaller orders in 2022 as they attempt to boost supply chain traceability https://bit.ly/3nLl1jI

Local authorities aiming for a digital transformation need to define their purchasing strategy, according to a newly published guide. https://bit.ly/3nJYV10

A survey of more than 4,500 chief executives has found that only the minority has overseen the creation of a net-zero target for their organisation, https://bit.ly/3GVPYcI

CDP has published the results of a campaign whereby 168 investors pushed companies to disclose more environmental information, revealing success with big names including Amazon, Facebook and Twitter. https://bit.ly/3nLpbYW

HSBC has confirmed that a £500m fund to help small and medium-sized businesses (SMEs) improve on sustainability that was first discussed at COP26 has officially launched today https://bit.ly/33XDtyk

The Government has laid out new steps to develop a UK-wide tracking system for waste in a bid to improve resource efficiency through powers introduced in the Environment Bill. https://bit.ly/33QJUDw

 

14 January 2022: Brexit has caused the death of ‘just in time’ supply chain models and every major sector in the UK will need to close skills gap to reach net-zero emissions

 Brexit has caused the death of ‘just in time’ supply chain models with British manufacturers aiming to become more resilient in the future according to a new report https://bit.ly/3I2OQEa

Data-powered technologies, accelerated digitalisation and the evolution of supply chains have ‘significantly elevated’ the role of procurement professionals, according to a report https://bit.ly/3A5NvJP

In order to meet stakeholder expectations, companies should be designing and implementing policies to identify and mitigate adverse human rights and environmental impacts in their supply chains https://bit.ly/326wV03

The UK is facing a ‘race for space’ with just 18.1m sq ft left of space in large warehouses – defined as 100,000 sq ft or more – the lowest level of available warehousing ever recorded https://bit.ly/3A6rzhF

Every major sector in the UK will need to ‘close a significant skills gap’ in order to reach net-zero emissions, according to a new Green Alliance report https://bit.ly/33iFQw5

The current cost-of-living crisis is the most immediate threat to the UK’s delivery of its long-term climate targets, according to a new policy briefing https://bit.ly/3GEQD22

HS2 developers claim it will use zero-carbon electricity from day one but critics say they are overstating its contribution to the UK’s net-zero transition https://bit.ly/3A3k3UZ

A survey of more than 1,800 UK-based science academics has found that most do not think curriculums are good enough to support students into further study or related careers in the green economy https://bit.ly/3rsVSLw

 

10 January 2022: Early signs that shortages in manufacturing supply chains are easing and a look ahead to key trends in sustainability in 2022

Manufacturing supply chains remain ‘severely stretched’ but there are signs the situation is stabilising, according to the latest PMI https://bit.ly/3n6GTG1

Key procurement trends for 2022 include prioritising risk management, visibility in supply chains and investing in IT solutions https://bit.ly/3eYyRKH

Retailers such as Next and Ikea are anticipating price rises this year due to rising costs and increasing global freight rates https://bit.ly/3FatbYY

The port of Felixstowe will apply digital technologies such as machine learning and optimisation techniques to build predictive models for container flows around the port https://bit.ly/31EurG0

The next-generation key trends in sustainability will include Covid-safe sustainable workplaces and the use of digital technology to empower ethical consumption https://bit.ly/3HImTBn

The emissions of five major economies over a 40-year period look set to double the number of nations that will experience ‘extreme hot years’, new research warns https://bit.ly/3HJHQvS

Regulation governing insurance companies needs reforming to secure multi-billion-pound investments crucial to meeting the UK’s climate environmental goals https://bit.ly/3eVMrPb

The International Energy Agency (IEA) has published a new analysis revealing that coal power generation did not decrease as much as anticipated in 2021 and is rebounding rapidly https://bit.ly/3J29R2Z

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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