Boards must set the tone for due diligence as consumers and regulators scrutinise how firms address environmental and human rights risks in supply chains.
Over the past years, the global fragmentation of value chains has allowed economies of scale and gains of competitiveness. However, the complexity of the value chains has made it more and more difficult for companies to maintain appropriate control over outsourced activities and to control all the risks inherent to an increasing number of worldwide actors.
Following the Rana Plaza disaster in 2013, opinion is being stirred up and more and more voices speak up to force companies to take into account end-user expectations. In fact, conscious consumerism is forcing companies to become more mindful of the impact they have on the ecosystem in w
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What began as a response to corporate scandal, corporate governance is making great strides in driving leadership accountability in Europe—but it’s still a work in progress, with views and policies differing considerably.
Boards could take the opportunity to turn transparency to their advantage. A penetrating light is being shone on the tax affairs of multinational entities—but tax transparency will encompass all businesses in time.
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