How New Human Rights Legislation Impacts Global Procurement Leaders

March 26, 2021 EcoVadis EN


From calculating supplier risk and analyzing company spend to informing financial forecasting and measuring business impact, procurement has always been a key driver of enterprise resilience. Today, however, procurement teams have an even greater remit: bringing visibility to socially responsible sourcing practices.

Of particular importance are human rights-based compliance practices. Many regions, including California, the United Kingdom, and Australia, already require reporting on ethical supply chain practices to guard against what’s known as “modern slavery": the exploitation of people for commercial gain through trafficking, child labor, debt bondage, or other means. 


Read the full article at: blog.workday.com

About the Author

EcoVadis EN

EcoVadis is a purpose-driven company whose mission is to provide the world's most trusted business sustainability ratings. Businesses of all sizes rely on EcoVadis’ expert intelligence and evidence-based ratings to manage risk and compliance, drive decarbonization, and improve the sustainability performance of their business and value chain. Its AI-powered risk mapping, actionable scorecards, benchmarks, carbon action tools, and insights guide a resilience and improvement journey for environmental, social and ethical practices across 200 industry categories and 175 countries.

Follow on Twitter Follow on Linkedin Visit Website More Content by EcoVadis EN
Previous Article
Lidl Ireland & NI Launch First Island-Wide Supermarket Circular Economy Strategy
Lidl Ireland & NI Launch First Island-Wide Supermarket Circular Economy Strategy

Lidl Ireland & Northern Ireland have announced it is set to become the first large nationwide supermarket t...

Next Article
Food Traceability Leadership Consortium Joins Retailers, Suppliers
Food Traceability Leadership Consortium Joins Retailers, Suppliers

Supply chain compliance and quality management technology solution provider ReposiTrak Inc. is bringing sup...

×

Don’t Miss a Thing
Get sustainable procurement news from around the world straight to your inbox

Subscribe →

First Name
Last Name
Opt in to receive more information from EcoVadis
Thank you!
Error - something went wrong!