Sustainable Procurement News
Latest news, trends, ideas on Sustainable / Responsible Procurement and Green Supply Chain from EcoVadis
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Child Labor Is Still Prevalent Around the World. Here's How to Eliminate It

Child Labor Is Still Prevalent Around the World. Here's How to Eliminate It | Sustainable Procurement News | Scoop.it
Laws banning children from working are often counterproductive. A better approach is to give parents incentives to send their kids to school
EcoVadis's insight:

Despite 30% reduction since 2010, 10% of world children are still laborers..4% of them in forced, bond labor or prostitution.

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Only half of British businesses vet suppliers for UK Bribery Act compliance

Only half of British businesses vet suppliers for UK Bribery Act compliance | Sustainable Procurement News | Scoop.it

The Fraud Investigation & Dispute Services team at Ernst & Young has today (Tuesday) released research revealing that nearly half (48%) of British firms are failing to vet their suppliers for compliance with the UK Bribery Act, ...

EcoVadis's insight:

According to this recent E&Y study, less than half of firms sampled carry out third- party due diligence in their supply chain. Is it because of a lack of  available ready-to-use solutions, lack of pressure from legal/compliance departments about potential sanctions and liabilities?  The absence of a proactive approach from U.K. companies can also be explained by the lack of prosecution cases so far.

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Reporting supply chain sustainability: a myriad of metrics

Reporting supply chain sustainability: a myriad of metrics | Sustainable Procurement News | Scoop.it
There are more than 2,500 different metics used to measure sustainability in supply chains, bringing both challenges and opportunities for business
EcoVadis's insight:

New study found that 2500 KPI's are available for sustainable supply chain ! Luckily EcoVadis is making this a bit simpler by transforming those category specific metrics in simple 1-100 scores to be used by purchasing managers.

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The Strategic Sourceror: Supply chain disclosure varies between companies

The Strategic Sourceror: Supply chain disclosure varies between companies | Sustainable Procurement News | Scoop.it

According to a new report from analyst firm Verdantix, some electronics companies headquartered in Asia take greater strides to report the environmental achievements in their supply chains than others.

EcoVadis's insight:

Supply chain transparency in reporting is on the rise, but still challenging and undefined for many companies. Electronics companies which oftern outsource large percentage of their production should absolutely be the front runners, but apparently they are not all on board.

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