It’s tough knowing exactly how well your organisation is performing when it comes to environmental and social sustainability, especially when looking along the supply chain. The value chain of any business varies wildly depending on the sector, the size, the complexity of operations or the geography from which the raw materials are being procured. One […]
Building long-term sustainability in a corporate supply chain involves taking into account an incredibly long and complex set of standards and issues. And often the social responsibility side of the sustainability equation is the most difficult to manage. In the areas of the world where sustainability problems are most likely to fester, workforce protections may […]
While the global textile and garment industry is worth some $3 trillion, the ephemeral nature of fashion – where what’s hot and what’s not can change in the blink of an eye – poses a series of formidable sustainability challenges, not least in the supply chain of brands everywhere. Many of these issues center around […]
In January, the World Economic Forum (WEF) event in Davos saw the usual wealth of corporate commitments coming to the fore. Among these announcements was the promise of a new $400m fund from the Norwegian government designed to kick-start investments that will help to protect five million hectares of forest and peatlands, an area the […]
What do you remember about 2013? If you look back at some of the news headlines, you’ll recall that it was a pretty ugly 12 months for supply chain management. From Rana Plaza to the horsemeat scandal, non-compliance, low engagement or simple a lack of supplier information lead to disasters that burned huge holes in […]
While the fall out of the UK’s decision to exit the European Union has sent shockwaves throughout the political and economic world, Brexit is merely a footnote in the global supply chain risk story. According to the latest CIPS Risk Index, the second quarter of 2016 saw worldwide supply risk reach a level not seen […]
When the Port of Tianjin, China’s third largest, blew up, it sent shockwaves across the world. Around 160 people lost their loves and almost 800 were seriously injured by the explosions and consequent fires that engulfed the city caused by a blast from a warehouse reportedly containing hazardous materials. Anybody remotely familiar with industrial accident […]
With advances in connectivity and the power of technology to gather data, we have more information at our fingertips than ever before. According to IBM, by 2020, there will be 300 times more information available to use than there was in 2005 – a figure it puts at 43 trillion gigabytes of data. Corporate sustainability […]
Supply chain disclosure can be the most challenging part of non-financial reporting for companies. The ever increasing length and complexity of global supply chains drives global organizations to rethink common practices and consequently increase efficiency and security. According to the EU Directive on disclosure of non-financial and diversity information by certain large companies, environmental, social […]