Supply chains are complex, adaptive systems that move products, services, finances, and information from suppliers to customers. They are increasingly at risk due to global factors such as climate change, social instability, and health crises causing companies to reevaluate them.
Further, in the Paris Agreement, an international treaty on climate change, companies are required to reduce emissions from their value chain or supply chain and achieve science-based targets.
At the same time, companies will need to implement adaptation strategies to prepare for inevitable changes in natural systems and build-in resilience.
Participants in the Lab, work as an Executive Team to manage their supply chain from raw material suppliers to post-consumption circularity. Charged by their Board to measure their performance against financial, environmental, and social metrics, they:
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