Thermo Fisher’s Sustainable Supply Chain Journey
Thermo Fisher Scientific is at the forefront of this effort. Chris Shanahan, VP of Global Sustainability Supply Chain, Alyssa Caddle, Director of Procurement Sustainability, and Matthew Yamatin, Sustainability Programme Director, lead the charge in their supply chain sustainability initiatives.
Thermo Fisher's mission, as the world leader in service science, is to enable its customers to make the world healthier, cleaner, and safer. Sustainability is naturally integral to this mission.
"When I think about the evolution of supply chain and procurement, I think about the sustainable aspects of supply chain," Chris says. "Every time you come across a challenge, that's an opportunity to improve."
Working with suppliers to reduce emissions
Thermo Fisher collaborates with its suppliers to identify areas for improvement. By working closely with them, the company ensures that sustainability standards are met at every level. This involves regular assessments and audits to measure emissions and set targets for reduction.
Chris emphasises, “It’s not just about compliance, but about creating value through sustainability. We partner with suppliers who share our commitment to reducing emissions, ensuring that sustainability is embedded in our procurement processes.”
Partnering throughout the supply chain
Beyond direct suppliers, Thermo Fisher engages with partners throughout the supply chain to drive sustainability. This includes distributors and customers who play a crucial role in the company’s sustainability goals.
Matthew highlights, “We work with our partners to develop sustainable practices that align with our mission. This collaborative approach not only reduces emissions but also strengthens our relationships and drives commercial value.”
Quantifying and tracking emissions
Quantifying emissions is a critical step in managing and reducing them. Thermo Fisher employs advanced tracking systems to monitor emissions across its supply chain. These systems provide valuable data that inform decision-making and help set realistic reduction targets.
Alyssa points out, “Accurate data is essential for effective sustainability strategies. Our tracking systems enable us to measure progress and make informed decisions that benefit both the environment and our business.”
Thermo Fisher's comprehensive approach to supply chain sustainability demonstrates how companies can reduce Scope 3 emissions while driving commercial value. By partnering with suppliers and engaging with all stakeholders, they set a strong example for others to follow.
