Sustainable Procurement News
Latest news, trends, ideas on Sustainable / Responsible Procurement and Green Supply Chain from EcoVadis
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Tesco stops sourcing at unsafe Bangladesh factory

Tesco stops sourcing at unsafe Bangladesh factory | Sustainable Procurement News | Scoop.it
UK retail giant Tesco has stopped taking clothing from one of its supplier factories in Bangladesh after a structural survey of the site revealed serious safety issues.
EcoVadis's insight:

An expected response from Tesco: withdrawal.  This is of course more cost effective than capacity building or supplier training , but what about the social consequences for already impoverished economies?

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IHS Survey Reveals More than One-Third of Companies Completely Unprepared for US Conflict-Minerals Rules | IHS Online Pressroom

IHS Survey Reveals More than One-Third of Companies Completely Unprepared for US Conflict-Minerals Rules | IHS Online Pressroom | Sustainable Procurement News | Scoop.it

With time running out until U.S. component manufacturers are legally required to disclose their usage of conflict minerals to the federal government, many companies are woefully unprepared for the new regulations, with more than one-third of firms indicating they haven’t even commenced compliance planning, according to a survey from information and analytics provider IHS (NYSE: IHS).

EcoVadis's insight:

Complying with the requiements of Section 1502 of the Dodd Frank Act implies a range of profound organizational changes with respect to supply chain management. As the survey shows, many companies feel ill-prepared to adopt internal measures  to cope with the reporting requirements by by May 2014...

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New CDP report suggests suppliers lag behind on sustainability

New CDP report suggests suppliers lag behind on sustainability | Sustainable Procurement News | Scoop.it
CDP research suggests that companies moving beyond mandatory reporting are also reducing emissions more and saving money – but suppliers aren't keeping up
EcoVadis's insight:

The new CDP supply chain report 2012 shows that transparency is somehow linked to CO2 emission reduction, which seems straightforward. However, much remains to be done as only a third of surveyed suppliers have clear reduction targets and first and foremost supplier engagement towards great transparency is key as more than 60% of suppliers never responded to the survey.

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Recognize the Risk in Your Supply Chain - Sustainable Plant

Recognize the Risk in Your Supply Chain - Sustainable Plant | Sustainable Procurement News | Scoop.it
EcoVadis's insight:

This article from Sustainable Plant offers a comprehensive view on practices that help mitigate complex CSR risk in the supply chain.

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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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