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Regional Policy and Sustainable Supply Chains Martin Rhisiart Cardiff Business School
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Sustainable development Sustainable development is development that meets the need of the present without compromising the ability of future generations to meet their own needs Brundtland definition
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Sustainable Development and regional policy Incorporating a medium- to long-term perspective in regional policy making, balancing and making effective use of economic, social and environmental resources
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Sustainability & sustainable development Growing importance attached to sustainable development Multiple layers of application Global summits, e.g. Johannesburg EU, e.g. EU Sustainable Development Strategy State Regional
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Stimuli for more sustainable products Regulatory Global EU National Regional Consumer demands Customer companies-supply chains
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Sustainable development ENVIRONMENT SOCIETYECONOMY
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Regional policy tools & supply chains Regional policy can be a powerful way of stimulating desired, sustainable outcomes Procurement Channelling support to programmes that promote sustainability Associations/clusters based on principles of sustainability Quality standards
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Society Quality of life Skills/employment Relationship with community
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Environment Waste Use of materials Environmental management systems, e.g. ISO14001 Company environmental policy
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Economy Best value R&D Strategic planning Intelligence NPD Skills
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How can regional policy determine which supply chains are sustainable? Complexity + Future-oriented decisions Major challenges for policy-makers! Technology Social and economic trends
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Non-sustainable scenario? ‘Foreign Direct Investment opportunity’ Low skill, competition on labour cost per unit Pressure to create employment Regional financial aid Production starts...
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…3 years later Difficulties in markets Pressure on parent company Closure of production facility Migration of facility to lower cost economy Pressure to create employment…
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www.sustainableregions.net
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