×

Enter Details to View Whitepaper

First Name
Last Name
Company Name
Global Annual Revenue
Industry
Job Title
Country
Opt in to receive more information from EcoVadis
Thank you!
Error - something went wrong!
   

Sustainability Clauses in Commercial Contracts: The Key to Corporate Responsibility

April 4, 2019

New regulations along with consumer and stakeholder pressure regarding sustainability issues have made it crucial for businesses to manage and demonstrate their due diligence on environmental, social and ethical risks in their business relationships, especially in their value chain. As a result, companies, now more than ever, are including Corporate Social Responsibility (CSR) requirements in their contracts, in the form of a so-called sustainability clause or CSR clause. This practice can significantly contribute to supplier performance improvement and prove highly effective for CSR and CSR strategy.

 

Studies on sustainability clauses are scarce, and one of this scale is unprecedented.  CSR practices are constantly evolving to respond to changing social and legal pressures. The aim of this study is to give a practical, reality-based overview of current practices. It discusses both, formal considerations, e.g. what should be included in a CSR clause, and operational considerations, e.g. practical consequences of CSR clauses.

 

EcoVadis partnered with Affectio Mutandi to ensure the study reflects real-life practice and provides expert legal analysis for the study.

Previous Article
Centrica Responsible Procurement Case Study
Centrica Responsible Procurement Case Study

Moving from spend-threshold to CSR risk approach and gaining impetus from legislation involved looking at c...

Next Item
Toward Sustainable Public Procurement
Toward Sustainable Public Procurement

This eBook examines the best practices of procurement organizations in the public sector that have reevalua...

See how companies make positive sustainability impact in the latest EcoVadis Network Impact Report

View Now