Supply Chain Digital Magazine November 2023 | Page 7

FOREWORD

SHINING A LIGHT INTO THE MURKY DEPTHS OF SUPPLY CHAIN

STAYING AHEAD OF SUPPLY CHAIN ESG TRANSGRESSIONS IS A NEVER-ENDING – BUT SUPREMELY IMPORTANT – CHALLENGE FOR BUSINESSES

“ Most ESG problems occur in the shadowy depths of supply chain , beyond the reach of data-driven solutions ”

ON THE COVER : Business battle to comply with new supply chain laws and regulations
CREDIT : DANIEL BEREHULAK / GETTY IMAGES
This month ’ s cover image brings one uncomfortable truth about supply chain into sharp focus : the closer you get to the extraction of raw materials , the greater the chance you will find ESG transgressions . Forced labour , child workers , pollution , the destruction of precious resources . Most of it occurs in the shadowy recesses of the supply chain , beyond the reach of data-driven solutions . Things are changing , though . Technology is undoubtedly helping , as is the ever-evolving supply chain regulatory landscape , which increasingly means that ESG transgressions – whether intentional or unintentional – can have disastrous consequences for a business , reputationally and financially . Yet many companies have neither the technical resources nor human capital needed to comply with new and evolving regulations . That ’ s why in this issue , we explore this problem in depth with EcoVadis , a global provider of sustainability ratings and assessments for companies . We hope these insights throw at least a little light on what can be an extremely complex area .
SUPPLYCHAIN DIGITAL MAGAZINE IS PUBLISHED BY
SEAN ASHCROFT sean . ashcroft @ bizclikmedia . com © 2023 | ALL RIGHTS RESERVED supplychaindigital . com 7