More and more companies are extending their commitment to responsible business practices to their value chains, from subsidiaries to suppliers. They do so not only because of the inherent social and environmental risks and the governance challenges the supply chain poses, but also because of the many rewards supply chain sustainability can deliver. Indeed, sustainable supply chain management can be a strong driver of value and success – for business as much as for society. By spreading good business practices around the globe, it has enormous potential to contribute to more inclusive markets and advance sustainable development in the spirit of the United Nations’ mission. Today, UN Global Compact participants around the world are demonstrating leadership by applying the ten principles in their supply chains. However, developing sustainable supply chain programmes that encompass all of the Global Compact’s four issue areas – human rights, labour, environment and anti-corruption – remains a daunting challenge for many. Supply Chain Sustainability: A Practical Guide to Continuous Improvement, developed in collaboration with BSR, can help companies overcome these challenges by offering practical guidance on how to develop a sustainable supply chain programme based on the values and principles of the Global Compact. Featuring numerous examples of good corporate practice, the guide will assist companies in setting priorities for action that will lead to continuous performance improvement.
Contributors: BSR, United NationsCategories: Whitepaper
SRC Type: Policies, Procurement Operations, Sourcing, Strategy