The Economist Intelligence Unit (EIU) has conducted a landmark study aiming to identify solutions to some of the barriers that are preventing companies from holding their supply chains to high or even acceptable social and environmental standards. For the purposes of this study, we define responsible supply chains as those in which standards are set and enforced by companies with regard to five main aspects: environment, health and safety, labour standards, gender equality, and business ethics. The research project, which was commissioned by Standard Chartered Bank, featured a survey of 800 executives in key industrial economies, to understand which responsible supply chain issues they address; what motivates and influences them to raise standards; how they structure their internal management of this issue; and how they engage with suppliers.
On October 28th, 2019, the OECD launched new guidance on Due Diligence for Responsible Corporate Lending and Securities Underwriting (hereinafter “the guidance”). The guidance is based and elaborates on the OECD Guidelines for Multinational Ente...Read More
Documenting the impact of new legislative acts is an indispensable tool for improving the effectiveness of this legislation and advancing business practice.
In Nicaragua, coffee is mainly produced on small-scale farms where temporary or seasonal work, weak remuneration, subcontracting, migrant workers, and child labor are likely to exist. In recent years, corporate social responsibility (CSR) activitie...Read More
As in any modern industry, technology has revolutionized the production and distribution of seafood. Today, highly perishable products, once caught solely in the wild, can be farmed, processed, packed, and shipped to destinations worldwide in a matt...Read More
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