TIACA releases the industry’s first sustainability report

0
105


As part of TIACA’s Sustainability program, launched in November 2019, the organisation performed a widespread industry survey involving supply chain partners from across the globe and from each industry sector and business size.

The results have been analysed and published to form a “ground zero” assessment by which future progress can be measured. The report’s findings will also feed TIACA’s overall sustainability strategy and support enhanced work programs addressing each of the organisations three key areas: People, Planet, Prosperity, supported by innovation and partnership.

Key highlights of the report:

  •  91% of respondents confirm their sustainability agenda is supported directly by their CEO
  • 81% indicate there are concrete actions defined making sustainability a real strategic priority for their company
  • 69% reported that sustainability considerations play an increasingly important role in procurement activity
  • Despite the Covid pandemic over 63% reported that sustainability issues play an even more important role in 2020 vs 2019
  •  Over 70% report equal motivation to support customer demands as well as to enhance the employee experience
  • Sustainability drivers differ from one region to another, reflecting different priorities from social communities across the globe
  • Digital transformation is a critical enabler of many sustainability initiatives and 61% reported that they have a digital transformation plan in place
  • All industry sectors are committed to reducing their environmental impact, with many organisations adopting specific targets
  • Carbon reduction, waste management and energy are main environmental focus of air cargo companies, with more than 50% of the respondents having concrete improvement action plans in place
  • Whilst it is universally recognised that employee development is a key factor to enhance loyalty and team development, only 53% of respondents have a comprehensive organisational wide training and development plan in place

Top areas of focus

Beyond the defined People, Planet and Prosperity categories, the report classifies the areas of focus into three main activities:

  1. Critical items to operate successfully;
  2. Essential items to grow and
  3. Exemplary areas to differentiate