Christy Slay, senior director of science and research applications at The Sustainability Consortium (TSC) at the University of Arkansas, recently discussed climate change and its impact on supply chain disruption with CNBC’s Diana Olick.
“Whether you’re in the agricultural sector or the forestry sector, or in the tech sector, there is really no particular sector that is immune from climate change,” Slay said.
The wildfires in Western United States, the flooding in Europe and the drought in South America is disrupting the supply chain in numerous industries, including coffee, chocolate, lumber and the rice used for sushi. Long-term planning is essential for businesses to avoid supply chain disruptions.
Olick highlighted bridging and buffering plans described in a report co-authored by Slay and Kevin Dooley, chief scientist at TSC, and the strategies available for businesses that are experiencing the impacts of climate change now.
To learn more about Slay’s comments regarding industry disruptions and how to plan ahead, visit CNBC.
About TSC: The Sustainability Consortium (TSC) is a global non-profit organization transforming the consumer goods industry to deliver more sustainable consumer products. It works to enable a world where people can lead fulfilled lives in a way that decouples their impacts on people and the planet. Its members and partners include manufacturers, retailers, suppliers, service providers, NGOs, civil society organizations, governmental agencies and academics. TSC convenes its diverse stakeholders to work collaboratively to build science-based decision tools and solutions that address sustainability issues that are materially important throughout a product’s supply chain and lifecycle. TSC also offers a portfolio of services to help drive effective improvement and implementation. Formed in 2009, TSC is jointly administered by Arizona State University and the University of Arkansas and has a European office at Wageningen University and Research in the Netherlands.
About the University of Arkansas: As Arkansas’ flagship institution, the U of A provides an internationally competitive education in more than 200 academic programs. Founded in 1871, the U of A contributes more than $2.2 billion to Arkansas’ economy through the teaching of new knowledge and skills, entrepreneurship and job development, discovery through research and creative activity while also providing training for professional disciplines. The Carnegie Foundation classifies the U of A among the top 3% of U.S. colleges and universities with the highest level of research activity. U.S. News & World Report ranks the U of A among the top public universities in the nation. See how the U of A works to build a better world at Arkansas Research News.