ESG: The Procurement Ticking Bomb
Theatre : Sustainability and Circular Economy
As the world moves towards a more sustainable future, the United Kingdom has taken ambitious steps to combat climate change. A significant aspect of this commitment is the legally binding Net Zero target by 2050. This has far-reaching implications for businesses, including their procurement practices. With Net Zero as a legal requirement, companies in the UK must align their operations and supply chains with emissions reduction goals. Procurement plays a pivotal role in this process.
Soon, the carbon content of products will become a critical factor in the business landscape. Failing to understand and disclose the carbon footprint of products could prove detrimental, resulting in the loss of contracts and business opportunities.
Moreover, governments and regulatory bodies are likely to impose carbon-related requirements in procurement processes, making it essential for businesses to have a clear understanding of their product’s carbon impact. Those unable to comply with such regulations may face legal consequences and exclusion from lucrative contracts or tenders.
In this era of heightened environmental responsibility, understanding the carbon content of products is no longer an option; it’s a crucial factor for business success and long-term sustainability.
This session will explore the evolving regulatory landscape and unveil proactive strategies for businesses to defuse the ticking ESG bomb.
Visitors who viewed this session also viewed
SMEs in the Metals Industry – Round Table Discussion
Join business leaders as they delve into the unique challenges and innovative solutions that drive these enterprises forward. From navigating supply chain intricacies to embracing cutting-edge technologies, this session offers…
Sustainable mobility: future for Aerospace and Automotive sectors, a challenge for SMEs?
There are multiple examples of how individual businesses progressing on the journey of sustainability, but it should be accepted that the challenges are rather complex for even the biggest companies…
CBAM is coming. Is it an opportunity or a threat for the UK metals industry?
Join our panel of industry experts for a thought-provoking discussion on the imminent arrival of the Carbon Border Adjustment Mechanism (CBAM) and its potential impact on the UK metals industry….
1.5 Degree Aligned Emissions Pathways for the Aluminium Value Chain
Within a defined (and limited) sectoral carbon budget for the next 30 years, how does a global industry – responsible for 2% of anthropogenic emissions today and essential for the…
How UK metals suppliers can support the ambitious growth targets of the offshore wind sector
This session will focus on the crucial role that UK metals suppliers can play in supporting and accelerating the growth of the offshore wind industry.
Hot Dip galvanizing – the innovative and circular solution for protection of vital national infrastructure
An answer to the challenge of sustainable construction and the circular economy? Steel is essential to the technologies and solutions that meet society’s everyday needs and will continue to do…
Empowering the Metals Supply Chain Workforce: Reskilling and Upskilling for Success
The panel discussion aims to inspire actionable insights, strategies, and collaborations that will foster a resilient and future-ready metals industry. By investing in the workforce’s capabilities and adaptability, the metals…
Metals sourcing strategies in a decarbonising world
Decarbonisation will re-shape established metals sourcing patterns. Future prices are also likely to be different to the past as production technology and policy environments fundamentally change. What impacts can metals…
Green Stainless Steel – The only feasible and affordable future
Decarbonisation Execution in Stainless Steel The metals industry is talking about recycling and decarbonisation in order to meet the requirements of future low-carbon metals. In Carbon Steel, Hydrogen as reductant…
Upcycling Batteries to Drive the Metals Supply Chain
The lead-acid battery, a 19th-century invention predating the concerns of global warming and recycling, stands as the world’s most successfully recycled commodity item. The lead metal supply chain is therefore…
Exploring Cutting-Edge Innovations in Aluminium Applications
Delve into the innovative and transformative uses of aluminium across various industries showcasing real-world case studies that highlight how aluminium is utilised to create lightweight durable and sustainable solutions. The…
State of the UK Metals Industry Report & Opening Remarks
The stage is set for an eagerly anticipated panel discussion that will unveil the findings of the largest survey ever conducted within the metals supply chain, State of the UK…
Connected Construction: the Technologies Empowering the Metal Industry
Discover the transformative impact of Connected Construction in the metal sector. This panel discussion will explore how constructible data and a streamlined flow of information are helping cut costs and…
Critical Minerals: Securing the Future of UK Advanced Engineering and Energy Transition
The panel discussion aims to provide insights into the challenges, opportunities and strategies related to critical minerals in the context of UK advanced engineering (alloys) and energy transition (batteries). It…
Novel pressing to reduce scrap in auto BiW parts
DeepForm Limited, a UK start-up, is revolutionising the automotive industry with their groundbreaking pressing technique aimed at minimising trimming scrap. By implementing this novel method, scrap reduction of up to…
Gaining Value from Data – How to use data and move towards Industry 4.0
By harnessing the power of our data, the metals industry can thrive, innovate, and play a pivotal role in shaping a sustainable future. The big question is how do we…
When it comes to sustainable metals we need both eyes open
In this thought-provoking panel discussion, we draw inspiration from the groundbreaking book “Sustainable Materials with Both Eyes Open” by Allwood, Cullen, et al. to explore the critical importance of adopting…
How energy storage can support the decarbonisation of the metals industry
Connected Energy is an award-winning battery energy storage manufacturer that utilise second life electric vehicle batteries for their applications. Nigel Dent, Head of Sales for Connected Energy will discuss the…
Unlocking the Economic Viability of Recycled Aluminium in Manufacturing
Explore valuable insights and perspectives on the ongoing race between reusing and recycling and discover the key factors that can unlock the economic viability of recycled aluminium in manufacturing. Areas…
Practical Solutions for Carbon Reduction, Energy Efficiency, and Cost Savings in SMEs
This panel discussion aims to empower small and medium-sized enterprises (SMEs) by providing a comprehensive approach to address both carbon reduction and energy efficiency while achieving cost savings. Recognising the…
Electrification and green energy: The value of an ‘end-to-end’ decarbonised copper supply chain.
Copper is an essential material to facilitate wide scale electrification, the green energy transition and industrial decarbonisation. In his keynote speech Kevin Draper will cover the anticipated demand and how…
Charting the Path to Net Zero: Harnessing Circular Economy Business Models for Sustainable Growth
Join us for an engaging panel discussion on how Circular Economy Business Models can play a pivotal role in achieving net zero targets. As the urgency to combat climate change…
Delivering Net Zero Building Case Study: Guidance and Lessons for the Metal Sector
Discover the path to a sustainable future of metal use in construction as AHMM shares groundbreaking insights from their Knowledge Transfer Partnership (KTP) research collaboration with UCL’s Institute of Environmental…
Stainless Steel Market: Exploring Trends and Price Dynamics
Join us for an insightful and thought-provoking panel discussion on the ever-evolving Stainless Steel market, where industry experts and thought leaders come together to analyze the latest trends and discuss…
Net Zero in Action
A detailed session walking through a Metals Sector businesses’ journey to Net Zero and how Solar PV I supporting both their short and long term sustainability ambitions.
Supply Chain Syndrome
Smiths realise that the complexities of supply chain management are quite tedious and sometimes boring. Join them at The Supply Chain Theatre for a refreshing and (hopefully) entertaining take on…
Carbon Steel Market: Navigating Trends and Price Dynamics
Join us for an engaging and informative panel discussion on the ever-evolving of the carbon steel market. Our expert panelists will delve into the current state of the carbon steel…
Why a UK industrial strategy matters and how we get there
Join us for an engaging discussion on the importance of a robust industrial strategy for the UK and the steps needed to successfully implement it. Our distinguished panel of industry…
How can the UK steel industry decarbonise and achieve Net Zero?
Explore the crucial topic of decarbonising the UK steel industry and the strategies required to achieve the ambitious goal of Net Zero emissions. Delve into the key factors driving the…
2023 Show Guide
Featured exhibitors
Latest news
-
Myth, Revolution or Solution? 09/21/2023 -
State of the UK Metals Industry Report Highlights Opportunities and Challenges for Sustainable Growth 09/13/2023 -
Best of British Casting 09/12/2023 -
Industry 4.0 Solutions for Digitising Processes and Optimising Metal Production 09/11/2023 -
SteelBuy hits £1m sales milestone as metals sector embraces new trading innovation 09/11/2023