5 Reasons CR Professionals Need a Value Chain Map
Value chain mapping is a process that identifies the main activities associated with a company's service or product line and is often used in corporate strategy in order to identify performance improvement opportunities. Corporate responsibility (CR) professionals are beginning to use value chain mapping in the development of sustainability strategy and materiality assessments.
Obtaining a clear picture of the fundamental inputs and outputs of your business provides valuable information for sustainability program development, as well as CSR reporting. CR professionals are developing sustainability-specific value chain maps in order to systematically assess the company's impacts throughout product sourcing, transport, development, use and disposal.