Business & Industries  Council

       
 

Establishing fair and sustainable methods of trade is the ultimate goal that we, as a council, hope to accomplish. We expect every delegate to keep this goal in mind with every decision they make while being a part of this committee. Our aim is to work with countries and corporations to develop and apply innovative, business driven approaches to generate new jobs, sustainable industries and new sustainable markets to tackle climate change, deforestation, gender differences and low living incomes, which will help us collectively achieve the UN's Sustainable Development Goals by 2030. 

The primary agenda of the Business and Industry Council is to discuss solutions pertaining to 'Sustainable Supply Chain Management'.  A Supply chain is defined as the basic framework which governs trade and interlinks the same across a web of functions scattered across the globe. However, such supply chains need not always be in the best interest of the stakeholders affected by such decisions. Sustainable supply chains, simply put, implies making this web of operations more sustainable without placing the environment in jeopardy. In doing so, the focus of incorporating greener management and operations is furthered from individual companies and industries to the entire supply chain from production and consumption to post-disposal disposition of products. This is a critical and timely topic that captures increasing concerns over sustainability, whether driven by legislation, public interest, or competitive opportunity. 

Industries such as Fast Fashion have seen a steep increase in activity in these past decades, mainly attributed to the rapid developments in technology. Producers are able to produce and ship out products as and when demand shifts. However, this efficiency has come at the cost of the environment. These industries disregard the environmental and societal impact of the methods they use. The failure to measure and manage these impacts can be explained, in part, by limitations in the measurement of sustainability, since sustainability is considered by many to be ambiguous. It also stems from the weaknesses in systems that translate such data into information which can be used by decision-makers inside corporations and government agencies. There also remain continued disincentives for firms to measure and pay the full costs of their supply chain impacts. Through this council, we hope to facilitate constructive debate and create reasonable solutions that result in greener and more sustainable global supply chains in the future.

 

Venkatesh Pillai - Director

 
     
 

Alisha Haque- Director