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Why supply chain sustainability matters

Why supply chain sustainability matters
Ana Victoria Quaas, Analyst, Fidelity Sustainable Investing
The power of active engagement: We believe companies should be held to account on supply chain management – alongside other environmental, social and governance issues – and therefore continue to push our investee companies to act appropriately in order to protect and enhance long-term value.
How a company manages and monitors its supply chain forms a critical part of our analysis of any potential investment. Companies that fail to take this seriously are very likely to run into reputational, financial and legal issues that directly impacts the long-term sustainability of their business model. On the flip side, effective supply chain management can be a valuable way of securing a competitive advantage, enhancing reputation and brand, and improving operational performance. ....

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Kiwis spending $34 a week on products linked to slavery, research finds

Bayldon says the research shows why New Zealand needs modern slavery legislation. Currently, he says, it s very difficult for Kiwis to find out if products they are looking at purchasing are linked to forced or child labour and many buying goods linked to slavery unwittingly . Companies are also not required to check their supply chains are contributing to slavery, he says.
Bayldon said legislation could require businesses to understand the risks of modern slavery in their puchasing, report on those risks and take action to address them. That would give consumers more information about what they are buying and how it was manufactured. ....

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