Tag: supply chain risk
Big investors engage with firms over biodiversity loss
Major project seeks to improve corporate reporting on material investment risks to nature and boost environmental responsibility.
Companies struggle with climate risk reporting
There is a need for firms to make ‘clearer, more decision-useful disclosures’, says the Financial Reporting Council.
Boohoo board in the firing line over governance failings
Report by Alison Levitt QC criticises the fashion retailer’s board for presiding over “unacceptable” working conditions posing “a significant risk of disaster”.
Is human rights risk monitoring a weak link in your supply chain?
Current risk monitoring systems may not protect workers or provide an accurate assessment of risks. Here are the questions companies should ask themselves.
UN treaty renews focus on the role of business in human rights
While climate change has dominated the agenda in recent years, a new UN treaty means human rights will require similar attention in the boardroom.
How corporate governance can drive a sustainable economy
The current social and environmental crisis requires radical action from businesses. Corporate governance can be a key driver in transforming the economy.
Human rights due diligence push ‘could turn boards into legal departments’
The European Confederation of Directors Associations warns that forcing big companies to regulate the behaviour of their suppliers could be counterproductive.
Corporate culture a ‘standing item’ for boards across the globe.
Many boards address culture as a regular aspect of governing their business, but key reputational issues are lower down the agenda, according to Grant Thornton.
Inadequate supplier monitoring puts large firms at risk
Due diligence carried out by global firms on their suppliers, distributors and third-party relationships is not high enough, says report.
Organisational resilience
Board members are key to establishing a strategic plan for supply chain risk that ensures resilience, as well as instilling it throughout the organisation.