Global Supply Chain Sustainability and Finance
Global Supply Chain Sustainability and Finance
Designed originally for USAID Development Innovation Ventures with the Aquinas College Center for Sustainability in Grand Rapids, MI, Viability Lab initiated, conceptualized, and designed “SupplyChange” as a global Payment for Ecosystem Services System to fund sustainability initiatives throughout a global supply chain, regardless of project proponents or locations in the world.
SupplyChange has been adopted by Forest Trends to run the world’s largest and most comprehensive database on company commitments to reducing deforestation related to agricultural commodities. While commercial agriculture drives as much as two-thirds of tropical deforestation globally, public information on how corporate commitments translate into action on the ground is scarce. The SupplyChange initiative fills this gap by closely tracking over 700 companies’ progress towards these commitments.
SupplyChange collaborators are Carbon Disclosure Project and World Wildlife Fund, with decades of support to companies making the transition to deforestation-free commodities, SupplyChange combines these assets with long-standing technical expertise in tracking and analyzing environmental markets to make for a robust analysis of these corporate commitments.
Supply Change is an evolving initiative, uniquely designed for partnership and collaboration to ensure it meets the ever-developing needs and interests of its stakeholder network of businesses, non-profits, governments, financial institutions, academic researchers, and the media.