14.1 Big Data Analytics for Sustainability Performance
2 min read•july 18, 2024
revolutionizes in supply chains. By examining vast datasets, companies uncover hidden patterns and insights, enabling data-driven decisions to improve environmental, social, and economic aspects of operations.
Key metrics measure environmental impact, social responsibility, and economic benefits. While analytics offers numerous advantages like and benchmarking, challenges include issues and integration complexities. Case studies demonstrate successful applications across industries.
Big Data Analytics and Sustainability Performance
Big data analytics for sustainability
Top images from around the web for Big data analytics for sustainability
Big data analytics in sustainability reports: an analysis based on the perceived credibility of ... View original
Is this image relevant?
Frontiers | Leveraging Big Data and Analytics to Improve Food, Energy, and Water System ... View original
Is this image relevant?
IoT & Big Data Analytics for Sustainability | sustainabilityoutlook.in View original
Is this image relevant?
Big data analytics in sustainability reports: an analysis based on the perceived credibility of ... View original
Is this image relevant?
Frontiers | Leveraging Big Data and Analytics to Improve Food, Energy, and Water System ... View original
Is this image relevant?
1 of 3
Top images from around the web for Big data analytics for sustainability
Big data analytics in sustainability reports: an analysis based on the perceived credibility of ... View original
Is this image relevant?
Frontiers | Leveraging Big Data and Analytics to Improve Food, Energy, and Water System ... View original
Is this image relevant?
IoT & Big Data Analytics for Sustainability | sustainabilityoutlook.in View original
Is this image relevant?
Big data analytics in sustainability reports: an analysis based on the perceived credibility of ... View original
Is this image relevant?
Frontiers | Leveraging Big Data and Analytics to Improve Food, Energy, and Water System ... View original
Is this image relevant?
1 of 3
Big data analytics examines large, complex datasets to uncover hidden patterns, correlations, and insights
Utilizes advanced analytics techniques including , machine learning, and
Enables collecting, integrating, and analyzing vast amounts of sustainability data from various sources (ERP systems, sensor data, )
Identifies trends, risks, and opportunities related to environmental, social, and economic aspects of supply chain operations
Supports to improve sustainability performance and reporting
Key sustainability metrics and sources
Environmental metrics measure , , , and recycling rates
Social metrics assess labor practices and working conditions, diversity and inclusion, community engagement and impact
Economic metrics calculate cost savings from sustainability initiatives, revenue generated from sustainable products or services
Internal company data sources include ERP systems, sensor data,
External data sources encompass supplier information, , ,
Benefits vs challenges of analytics
Benefits: Improves accuracy and transparency in sustainability reporting
Enables real-time monitoring and alerts for sustainability issues
Identifies inefficiencies and areas for improvement
Benchmarks against industry peers and best practices
Enhances and communication
Challenges: Data quality and consistency issues arise
Integrating data from multiple sources and formats is complex
Raises and security concerns
Lack of standardized sustainability metrics and reporting frameworks
Resistance to change and adopting new technologies and processes
Case Studies and Applications
Case studies in sustainability analytics
Walmart implemented big data analytics to track and reduce greenhouse gas emissions in its supply chain
Collaborated with suppliers to identify emission hotspots and implement reduction strategies
Achieved a 20 million metric ton reduction in emissions by 2015
Unilever used big data analytics to assess the environmental impact of its products across the lifecycle
Developed the to monitor and improve supplier sustainability performance
Reduced water usage in manufacturing by 32% and waste by 97% since 2008
UPS applied big data analytics to optimize delivery routes and reduce fuel consumption
Implemented the system
Saved 10 million gallons of fuel and reduced CO2 emissions by 100,000 metric tons annually