Exclusive video: PepsiCo's CPO Duncan on setting ESG goals

Speaking at P&SC LIVE, Patsy Duncan, Global Procurement Senior Director, PepsiCo discussed unlocking ESG targets through strategic sourcing

As the world’s fastest-growing procurement and supply chain event, Procurement & Supply Chain LIVE 2023 was a disruptive learning and networking event that showcased some of the industry’s top speakers across innovation, thought leadership and strategy. 

Patsy Duncan, Global Procurement Senior Director, PepsiCo

Setting out her keynote highlighting the importance of setting ESG targets, Patsy Duncan, Global Procurement Senior Director at PepsiCo, began with a quote from US  life and business strategist, Tony Robbins: 'Setting goals is the first step in turning the invisible to the visible.’

Duncan added: "If we don't have ESG targets and we don't know where we're heading, we will just be wandering in the ocean of possibilities."

The global ESG conversation

Explaining that the global conversation regarding ESG targets is something that started years ago, Duncan acknowledged the gradual progress made when it comes to embracing ESG targets in recent years.

She stresses the crucial role procurement and supply chain professionals play in driving the successful achievement of meeting ESG targets, and presented a seven-step formula and execution plan to reach ESG targets:

  • Mapping the gaps and identifying controllable aspects within the company
  • Collaboration with third-parties
  • Leveraging technology
  • Effective supplier relationship management
  • Collaboration with strategic partners
  • Reskilling and upskilling talent
  • Analytics and risk management

Duncan closed by highlighting the need to make plans, but to also adjust plans when goals seem unattainable.

To watch any of our other speakers from Procurement & Supply Chain LIVE 2023, click here.

Don’t forget to register for our future events including Manufacturing LIVE 2023Procurement & Supply Chain LIVE Dubai 2024 & Procurement & Supply Chain LIVE London 2024.

Celebrating exemplary achievements in the fields of procurement and supply chain management, the Supply Chain AWARDS - debuting in 2024 - acknowledges companies, professionals, and projects that demonstrate exceptional performance, innovation, and strategic thinking. Click here, to find out how you can enter.

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For more insights into the world of supply chain read the latest edition of Supply Chain Digital and be sure to follow us on LinkedIn & Twitter

Other magazines that may be of interest: Procurement MagazineManufacturing Digital

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