The tool will be developed in conjunction with with the Northstar Initiative for Sustainable Enterprise (NiSE) at the Institute on the Environment at the University of Minnesota and the Erb Institute for Global Sustainable Enterprise at the University of Michigan.
GEMI already has 2 supply chain sustainability tools, New Paths to Business Value (2001) and Forging New Links (2004).
The new tool will build on the preceding tools and enhance supply chain transparency using a scalable platform to help guide sustainable procurement and sourcing.
The new tool will link the following four components:
- Market-oriented sustainability claims
- Economic input-output (EIO)
- Life-cycle assessment (LCA) results
- Supply chain sustainability performance metrics
- Evaluate external impacts
- Business risks
- Identify opportunities
- Assess management plans related to water use and discharge
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