Asked by Jagmeet Sahota on Jul 07, 2024

verifed

Verified

There is a strong feeling among some supply chain experts that the mitigation of risk is the best driver of sustainability initiatives.

Sustainability Initiatives

Efforts made by individuals, organizations, or governments to reduce environmental impact and promote responsible resource use for future generations.

Mitigation of Risk

Strategies and actions taken to reduce the severity, impact, or likelihood of potential threats and vulnerabilities to a project, system, or investment.

  • Gain insight into the critical role of sustainability and "green" practices within supply chain dynamics.
verifed

Verified Answer

NE
Nicholas EltzrothJul 14, 2024
Final Answer :
True
Explanation :
By focusing on mitigating risk in the supply chain, companies can address issues such as climate change, environmental degradation, and social inequality, which can have significant impact on their operations and reputation. This approach can drive sustainability initiatives that promote long-term stability and resilience in supply chains.