Written by Chengcheng Zhai and Vinit Tipnis
On October 19th, 2022, Kelley School of Business welcomed over 60 attendees to the first Symposium on Environmental and Social Responsibility in Supply Chains. Academic and industry leaders held panels at the event.
“Establishing the Center for Responsible Supply Chains is driven by two main facts,” said Professor Owen Wu, the Center’s director, “First, environmental and social issues are often across companies’ boundaries and thus are best addressed from a supply chain perspective. Supply chain is one of the defining phrases of our community, and we are responsible for advancing research and education in the environmental and social responsibility of supply chains.”
“Second, both academics and industry professionals are currently charting the next phase of ESG and supply chains. How did we do in the past? What should we do next? We need a forum to discuss, exchange ideas, and let the best brains learn from each other.”
Four industry experts were invited to speak about ESG (environmental, social, and governance) issues in various industries, such as food and beverage, pharmaceuticals, and energy. The experts included Kelly Alonzo from Deloitte Consulting LLP, Tim Gawne from Rio Energy International, Inc., Jim Greffet from Eli Lilly & Company, and Mark Lemon from Grant Thornton LLP. The four panelists discussed the past, present, and future of sustainable operations in their respective industries. The panelists further shared their professional experiences working on sustainable operations and the challenges they think the industry is facing, as well as potential solutions to address them.
“It is important to conduct research that is both academically rigorous and practically relevant,” emphasized Professor Jay Swaminathan, from University of North Carolina. In addition to industry leaders, four university professors who conduct highly impactful research in the areas of sustainability and supply chain lead a panel discussion. Professors Serguei Netessine from University of Pennsylvania, Jamal El Baz from Ibn Zohr University, Beril Toktay from Georgia Institute of Technology, as well as Professor Swaminathan answered a range of questions from the audience. The professors shared their unique experiences working with industry partners, from startups in Africa to large organizations such as UNICEF. Data related to ESG metrics is sparse and such collaborations can not only create value for industry practitioners, but also extend responsible and sustainable research tremendously. Apart from research and industry collaborations, the panel emphasized the need to teach responsible operations management at the undergraduate and graduate levels.