Sustainable Procurement News
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Sustainable Procurement News
Latest news, trends, ideas on Sustainable / Responsible Procurement and Green Supply Chain from EcoVadis
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Global garment workers exploited as big brands pressure suppliers 

Global garment workers exploited as big brands pressure suppliers  | Sustainable Procurement News | Scoop.it

Pressure by big brands on suppliers to deliver more quickly and cheaply contributes to labour abuses in factories that manufacture garments, footwear and textiles, according to a report published on Wednesday. More than half the suppliers surveyed were affected by cost negotiation strategies that cut into their profits, according to the report by Better Buying, a Delaware-based group that rates purchasing practices of brands and retailers.

EcoVadis's insight:

Worker exploitation is rampant in the global fashion industry , according to countless investigations, studies and reports. If brands are to eradicate labour abuses they must take more control of their supply chain. Large companies face a big challenge when outsourcing operations, not to mention that the level of compliance on environmental regulations is not ensured in risk countries.

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SDG 16: A Matter of Interest to the Financial Sector

SDG 16: A Matter of Interest to the Financial Sector | Sustainable Procurement News | Scoop.it
The Financial Services sector is not one many would immediately imagine having significant environmental or social risks within its supply chain. Yet, with its global presence now firmly established, its supply chain impact is quite considerable. According to the BSR report, Supply Chain Sustainability in the Financial Sector, IT, employment and professional services are the top spend categories for the Financial Services sector. These spend categories can be translated into two main supply chain risks related to SDG 16: conflict and human rights issues, and institution issues.
EcoVadis's insight:

To establish supply chain transparency, Financial Services companies have to be willing to go to great lengths to map their supply chains beyond first-tier suppliers. Also being certified is one way for companies to show they are taking full responsibility for sustainability. 

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