Ford Motor Company is proud to be the first automaker to join the Electronic Industry Citizenship Coalition - a nonprofit group of leading electronics companies dedicated to improving the social, environmental and ethical conditions of their global supply chains.
Analyst Insight: Companies competing in the chemical and energy industries continue to place a high priority on sustainability and environmental responsibility. The high visibility of these factors in today's society certainly helps make the case for sustainability and environmental responsibility in terms of maintaining a positive brand image. However, leading firms are also recognizing that efforts to drive sustainability and protect the environment are also helping to deliver additional value beyond brand image. - John Santagate, Research Manager, IDC
Amazon, which has never published a sustainability report, has recently hired sustainability executives that may change the online retail giant's strategy - and reputation - according to the Guardian.
Operating ethically and operating profitably are no longer mutually exclusive concepts. Leading companies are "walking the walk," balancing the goal of achieving profitability with gaining social and environmental advantages.
Some 51 percent of North American supply chain executives say that developing a sustainable supply chain is a strategic priority, according to a survey from West Monroe Partners, a business and technology consultancy.
Eighty-six percent of American females would not join a company with a bad reputation compared to only 67 percent of American males, according to poll findings provided by Corporate Responsibility Magazine.
Eliminating supply chain risk is the primary driver for sustainability initiatives and industry collaboration is the biggest opportunity according to a recent report published by Ethical Corporation titled "Sustainable Supply Chain Trends 2015." The report features insight from 415 CSR and supply chain professionals primarily based in Europe, North America and Asia Pacific.
All global companies will tell you that they're committed to guaranteeing human rights throughout their supply chains. But how do we tell they're sincere?
Susan Parker, director of purchasing and logistics with Kenmark Eyewear, defines the essentials of social and regulatory compliance, and describes how companies can achieve excellence on both fronts.
