February Monthly Briefing: Supply chain transparency Our views on what matters |
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Welcome to our February newsletter. Following on from the themes highlighted in our "10 Actions for Business in 2019" (download it here if you haven’t already), this month we’re looking at the growing issue of radical transparency in the supply chain.
‘Radical transparency’, a term coined by investor Ray Dalio, has been mistakenly interpreted by some companies to guide decisions on what not to reveal. Yet whether through smart use of QR, satellite imagery, AI or blockchain technology, supply chains are becoming ever more transparent, and increasingly in real-time. Whilst this opens up opportunities for early warning systems to preempt problems, technology is also helping to meet the growing demand for instant accountability along the supply chain. This means businesses need to shift from focusing on risk-mitigation to capitalising on opportunities for improved performance, more sustainable operations and more responsible operating practices, all of which contribute to building consumer trust in brands.
Enjoy this month’s read and if you’d like to find out more about our work with companies in the supply chain - or any other topic linked to the sustainable and responsible business agenda -please get in touch with our consultants in our global network of offices.
Neil Davy,
CEO
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| Full transportation history as simple as QR codes and smartphones
Supply chain transparency is now increasingly in the hands of consumers, but are readily-available tech and tools enough to lead to action?
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How disclosure is pushing positive change down the supply chain
Using data and disclosures to move supply chain conversations beyond risk.
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ecommerce pollution solutions: from truck platooning to smart lockers
The bigger picture of ‘last mile delivery’ is rethinking how consumer items are pooled, instant gratification expectations and how online retailers take responsibility for their own last mile logistics.
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| | Radical transparency in the supply chain? As consumers and individuals, we have the right to know the source of the things we buy or the uniforms we wear. For many of us, the trust we have in a retailer, brand or employer might be sufficient to stop us from asking too many questions and leave us free to go on living our lives. However, for businesses things get trickier.
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| | KnowTheChain
Guest contributor Felicitas Weber, Project Lead for KnowTheChain at the Business & Human Rights Resource Centre shares why supply transparency makes business sense.
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| | DJSI rankings go public for the first time Earlier this month, the RobecoSAM Sustainability Yearbook revealed for the first time the rankings of all companies assessed.
We've been advising clients since the very first Dow Jones Sustainability Index was constructed 20 years ago. Last year, over 85% of our DJSI clients were included in at least one index, with scores improving on an absolute basis by an average of 2 points. The biggest increase in a single year was 57 points. Corporate Citizenship’s LBG Framework is the Global Standard in measuring Corporate Community Investment and forms the basis for RobecoSAM’s community question. Our LBG members consistently score an average 20 points more on DJSI than non-members.
Register for our upcoming webinar with special guest Ivana Kesten, Manager ESG Ratings from RobecoSAM. |
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