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1、Unlocking Sustainable Success in ProcurementA JAGGAER White PaperThere is more to Environmental,Social,and Governance(ESG)than polishing your organizations reputation and brand image.ESG strategies have become one of the most important components of responsible business practices in an increasingly

2、complex business landscape.ESG factors play a crucial role in overseeing business and consumer ecosystems throughout the extensive procurement journey,spanning from source to pay(S2P).As a result of integrating ESG strategies and activities within the management of their supply chains,companies not

3、only mitigate risks,avoiding regulatory penalties and supply chain disruptions,but they also gain knowledge and insight,which provides them with the capacity to make better decisions,ensuring continuity and stability throughout their supply chains.In this white paper,we explore the main ESG goals an

4、d challenges faced by organizations.We demonstrate how JAGGAERs suite of solutions can help companies overcome these challenges through innovative technology and seamless integration with industry partners specializing in key areas impacting ESG.Businesses can achieve long-term success by adopting J

5、AGGAER solutions that will give them a competitive edge,allowing them to embrace sustainable practices that help to preserve the environment and meet the needs and social priorities of todays business and consumer markets.01 IIntroduction201|Introduction 2Why ESG Matters:Navigating Compliance,Perfor

6、mance,and Innovation for Business Success 4Reputation and Stakeholder Expectations 4Compliance and Legal Requirements 4Financial Performance and Investor Relations 4Operational Efficiency and Risk Mitigation 4Innovation and Competitive Advantage 5Leveraging ESG and risk management Data in Product De