Most construction companies have multiple suppliers for equipment, material, and consumables both on the job and in the office. The supply chains that feed material to those suppliers are usually not thought of by the consumer. If the supplier has what you need, you don’t particularly care where it came from or how it got there. But the COVID-19 pandemic has laid bare the fragile nature of many supply chains and what can happen to them in the future.
According to EcoVadis, a provider of business sustainability ratings, 80% of suppliers lack supply chain due diligence measures, 57% aren’t monitoring working conditions, and 44% lack health and safety preparedness. The report includes insights from global supply chain ratings with analysis on the sustainability scores of more than 40,000 companies assessed from 2015 through 2019.
Read the full article at: constructech.com
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