Eight in 10 firms experience supplier failure

June 6, 2019 EcoVadis ‏‏‎

Organisations must improve supply chain visibility and invest in crucial areas such as labour rights and geopolitical risk in order to manage third-party supplier failure. A survey, conducted by Deloitte, found over eight in 10 (83%) organisations had experienced a third-party incident, such as a supplier losing data after falling victim to a cyber attack, in the last three years.

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EcoVadis ‏‏‎

EcoVadis is the world’s most trusted provider of business sustainability ratings, intelligence and collaborative performance improvement tools for global supply chains. Backed by a powerful technology platform and a global team of domain experts, EcoVadis’ easy-to-use and actionable sustainability scorecards provide detailed insight into environmental, social and ethical risks across 200+ purchasing categories and 160+ countries.

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