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DHL further expands its supply chain management and analysis portfolio by launching the DHL Resilience360 Transparency Portal. The online collaboration service allows multinational companies to visualize the full picture of their supply network, including first tier suppliers, their suppliers and so forth. No comment yet.
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Transparency International recently reported that emerging market multinationals have dangerously low transparency standards. Specifically, 75 of 100 assessed companies (in their report) scored less than 5 out of 10 overall and scored an average of 48% for disclosure of their anti-corruption programs.
EcoVadis's insight:
It is a must for SMEs as well as large companies to keep up with new regulations and compliance even though this can be time consuming and challenging. |
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Last year, Mars and Danone announced their intentions to invest €50m each into the Livelihoods Fund for Family Farming Scheme aimed at increasing the productivity of smallholder farmers to prioritise key crops including cocoa, sugar and palm oil across 40 projects worldwide.
EcoVadis's insight:
Big multinational Mars is placing innovation at the heart of their supply chain through R&D, investment and training; it's only a matter of time before others follow the lead |
Great to see enterprises such as DHL put in place measures to mitigate risks and be more transparent in their supply chain.