Here are some key findings from the report:

• Supplier innovation can help companies accelerate their Scope 3 emission reduction goals, but with limited resources, procurement leaders often struggle to identify the right suppliers to engage on innovation projects. 
  
  
• Procurement leaders have only realized 28% of the value that they could derive from supplier innovation to meet ESG goals, leaving 72% of untapped potential from suppliers.
  
  
• Ninety-five percent of organizations that maximize value-captured supplier innovation have a steering committee to guide the supplier innovation program and process. 
  

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Gartner, 3 Steps for Effective Supplier Engagement in Sustainability, Miguel Cossio, 16 August 2022. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.