ESG Series: Sustainability & The Supply Chain 

A Note on Sustainable Manufacturing From the EPA

In a recent publication, the U.S. Environmental Protection Agency notes that sustainable manufacturing is being widely adopted because it centers around waste reduction, product quality and employee safety. “A large and growing number of manufacturers are realizing substantial financial and environmental benefits from sustainable business practices. Sustainable manufacturing is the creation of manufactured products through economically-sound processes that minimize negative environmental impacts while conserving energy and natural resources. Sustainable manufacturing also enhances employee, community and product safety.”

Why Will Sustainability and Supply Chain Transparency Continue To Be Important?

Because of ballooning interest in ESG factors by consumers, regulators and investors, the largest companies in the world are working to demonstrate that their supply chains are sustainable. Currently, publicly traded companies are being pressured to make their suppliers’ supply chains more transparent. Additionally, manufacturers and distributors in the truck equipment industry continue to innovate and evolve, looking for new competitive advantages. Many aspects of the market are changing, including investor and purchaser demographics, technologies and regulations. The sustainability conversation is growing, and Time Manufacturing Company brands, including Versalift, BrandFX, Ruthmann, Aspen Aerials and Blueline, are poised to be a significant part of that conversation.

At Time Manufacturing Company, we have written a White-paper on ESG Factors that takes a closer look at how evolving views on Environmental, Social, and Governance risk factors are influencing corporate supply chains.

#ESG #Environmental #Social #Governance #Sustainability