For global manufacturers today, efforts to eliminate corruption from supply chains aren’t going much better than the fight to curb labor abuses. In our last episode, we examined the less-than-stellar record of apparel and footwear companies in ensuring factory workers’ rights. Now, a survey by EcoVadis reveals a similarly dismal report card for the battle against corruption, including bribery, fraud, conflicts of interest and money laundering. Based on an analysis of more than 20,000 companies between January, 2017 and June, 2018, the average business ethics score was just 42.2 out of 100.
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EcoVadis is a purpose-driven company dedicated to embedding sustainability intelligence into every business decision worldwide. We offer a full range of solutions including IQ-Plus Risk & Compliance Management, EcoVadis Ratings, and Carbon Action Module for Scope 3 Decarbonization. Key features like 360/Live News Monitoring, Academy E-learning and Corrective action plans help companies comply with ESG regulations, reduce GHG emissions, and improve the sustainability performance of their business and value chain across 250 industries in 185 countries.
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