Ethical leadership sets the tone for ethical behavior by modeling honesty, fairness, and transparency in actions and decisions. Since long, ethical leadership brings value to supply chain management. Therefore today, supply chain managers are well positioned to fix an ethical leadership vacuum developing across many industries.
Sustainability considerations are now at the top of the corporate agenda for organizations of all sizes. Though data collection and reporting may be the first steps in a company’s journey to improve ESG performance, the value is derived from how that data is analyzed and used to inform strategy. So, how to make ESG compliance your competitive edge?
Midway through another earnings season, the free-fall in C-suite mentions of the movement for environment, social, and governance (ESG) strategies is on pace to plumb new depths. What is going on? Is the term ESG really that controversial?
Financial returns are the number one priority for investors, but they don’t necessarily see ESG practices and financial returns as a trade-off. Morgan Stanly found in its yearly survey among investors. Strong ESG practices can potentially lead to higher returns and make for better longer- term investments.
Global trade of low-carbon hydrogen plays a vital role in driving global decarbonization, especially in transport and heavy industry sectors. However, volumes are currently held back by a variety of reasons. The looming supply shortage of green hydrogen has major global implications to limit the global temperature rise to 2°C.
Logistics, transportation, and supply chain professionals routinely navigate industry trends, challenges and opportunities. While many predict more of the same, additional issues are rising to the forefront. So, new supplychain priorities 2024 but have things really changed?
Global demand for low-carbon hydrogen is predicted to rise steadily. Demand increases are estimated to reach 150 million t by 2030 and 520 million t in 2050 — but this robust growth potential needs policy support and other factors, according to a study by Cleantech Group.
Artificial intelligence (AI) is having a big impact on how companies approach innovation, but are companies achieving big innovation impact from AI? The evidence is mixed. Is using AI to support innovation really achieving impact? It’s more a matter of whether companies are using AI properly and for use cases with the potential to drive real business value.
Locally produced renewable hydrogen will be cheaper than that shipped in from overseas up to 2030, while it may also be cost-competitive with imports piped in from North Africa and European neighbours. However, scenarios that predict a higher overall demand for hydrogen also involve a greater dependency on imports.
Hydrogen is often cited as the energy source of the future, because of its capabilities in providing low-carbon energy, essential to reaching net-zero emissions. Besides hydrogen, green ammonia has also appeared on the scene but what is green ammonia and what benefits does it have compared to green hydrogen? And will green ammonia overtake green hydrogen in the energy transition?