LOCOMeX wins TOP SUPPLY CHAIN PROJECTS 2023 Award from SDCExec
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LOCOMeX awarded the Drexel LeBow Analytics 50 Award in 2023
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ESG and SRI: What’s The Difference?
In recent years, sustainable investing has gained considerable momentum as investors increasingly acknowledge the significance of environmental, social, and governance (ESG) factors in their investment choices. Within this realm, two main approaches are impact investing and sustainable and responsible investment...
Building Gender-Equitable Workplaces: 8 Key Strategies To Adopt Today!
Is your organization doing everything possible to achieve gender equality in the workplace?Several types of research have confirmed that having more women leaders in the workforce increases the well-being of all employees. Studies have repeatedly shown that promoting diversity and...
ESG Investing: How To Get Started?
Environmental, Social, and Governance investing, or ESG investing, is an investment approach that considers financial and non-financial factors related to a company’s environmental, social, and governance criteria. ESG companies refer to businesses that prioritize Environmental, Social, and Governance factors in...
Why Should You Prioritize Supplier Diversity In Sourcing?
In simple terms, Supplier diversity, also known as vendor diversity or inclusive procurement, is a business strategy that assures a diverse supplier base in acquiring goods and services for any organization or company. It refers to establishing diverse supply chains...
ESG Trends: Track And Measure Your Sustainable Practices
Today’s ESG environment is fundamentally different from what we’ve seen in the past due to three significant changes in recent years. First, ESG investing requirements are actively determined and enforced by shareholders. Investors know the important issues and are interested...
Best Practices For A Strategic Sustainable Procurement
Sustainable procurement, also known as green procurement, involves organizations acquiring goods, services, works, and utilities in a manner that delivers value for money over the entire life cycle while adhering to equitable principles for sustainable procurement development.Strategic sustainable procurement involves...
5 Ways In Which ESG Creates Value For A Company
ESG has evolved from a mere compliance checkbox to a transformative force that drives innovation and creates value for companies. By prioritizing environmental sustainability, social responsibility, and effective governance, businesses can attract and retain top talent, build trust with stakeholders,...
Encouraging Employee Participation In Supplier Diversity Initiatives
What is that one overlooked aspect of supplier diversity programs? It is engaging employees in sourcing new suppliers.Many employees have links with local company owners in their localities, and leveraging these connections can enormously enhance the potential supply base. It...