Guidehouse helped inform Mars Inc.'s approach to sourcing and its dialogue with key suppliers
With Mars Inc.’s global sustainability efforts and strategic commitments around renewable energy, sustainable operations, and sourcing, the company is deeply concerned about climate change, as it poses potential supply chain risks to their business.
Guidehouse Inc. assessed the latest climate projections available for various locations in Spain and made climate change resilience tangible — both in terms of quantifying the risk and assessing the capacity of various stakeholders to take action. The team undertook targeted interviews and assessed the adaptive capacity of the relevant stakeholders to cope with future climate change. Guidehouse’s climate resilience experts also identified a range of potential actions that could be undertaken to improve the resilience of the different actors in the supply chain. The team also identified potential working partners and relevant projects that are currently focusing on improving the resilience of the region to the impacts of climate change.
The global sourcing teams in Mars Inc. understand how the impacts of a changing climate are directly relevant to their supply chains and which aspects of climate change will render the supply chain most vulnerable. This project provides accurate and in-depth information to inform Mars Inc.’s approach to sourcing and their dialogue with key suppliers.
Get more expert insights from Ashley Allen, Climate & Land Senior Manager with Mars, Inc. in conversation with Matthew Banks, Associate Director at Guidehouse.