Source Intelligence

Are These 8 Smelters of High Concern Present in Your Supply Chain?

Companies that determine smelters of high concern exist or may exist in their supply chain can take action and still stay Dodd-Frank 1502 compliant by following these risk mitigation guidelines:
Article

Over the past three years, many companies have taken a proactive approach to mitigating the risks of unethical sourcing practices in their supply chains, like sourcing minerals from war-torn areas of the Congo (conflict minerals). However, many of these supply chain sourcing approaches that were effective in the past may not produce the same results; and, outdated supply chain data sharing practices may actually hinder ethical sourcing progress.

Why Your Company Needs to Address Human Trafficking in Your Supply Chain

Article

It’s likely that modern day slavery is in your supply chain; the International Labour Organization (ILO) estimates that close to $150 billion in annual company profits are tied to forced labor, and approximately 21 million people worldwide are victims of modern day slavery.

Compliance in 2017 - What Are Your Peers Saying?

87% of vendor data contains errors. This staggering statistic is one of the biggest reasons companies run into common compliance deficiencies like bad customer relationships and even monetary penalties.
Summary: 

To Learn more about the State of Compliance report referenced in this article, click here.

Article

To Learn more about the State of Compliance report referenced in this article, click here.

Palm Oil in the Spotlight: HSBC Stops Lending to Companies Involved in Deforestation

Article

HSBC recently pledged to cut ties with companies connected to deforestation for palm oil in major production zones. The decision followed a report from Greenpeace that highlighted HSBC’s connection with palm oil companies involved in the destruction of rainforests.

Ashton Kutcher’s Testimonial Puts Technology at the Forefront of Combatting Human Trafficking

Article

Actor Ashton Kutcher testified to Congress last week on modern day slavery, specifically human trafficking.  His non-profit organization, Thorn, has been developing unique, innovative technologies to combat one of the worst forms of human trafficking – sexual exploitation of children. 

The Potential Dangers of Palm Oil Consumption

Article

The European Safety Authority (ESFA) released a report last year highlighting the potential health hazards posed by the consumption of harmful compounds found in refined vegetable oils. The negative and often misleading news media coverage of Nutella that resulted was so strong that Ferrero (the manufacturer of Nutella), experienced a decrease in product sales.

Mitigating and Managing Business Risk in the Middle East: A Challenge for Supply Chain Managers

Article

Since the end of 2016, companies around the world have been re-evaluating business risks in their supply chains in the Middle East and other key regions due to political turmoil and other unforeseen events.  The increasing pace of global change and uncertainty combined with the unique nature of disruptions in key markets have placed supply chain risks at an all-time high, according to a report issued this week by the Charted Institute of Procurement

5 Steps to Develop a Supply Chain Risk Assessment Process

Article

Gaining as much value from the supply chain as possible while meeting consumer expectations for sustainably and ethically produced products is a difficult balance to achieve. To do so successfully, companies need to identify where threats exist across the supplier network and implement iterative mitigation strategies. Supply chain risks can range from human rights violations to operational disruptions.

French Bill Would Require Businesses to Adopt Supply Chain Due Diligence Programs

Article

In November of last year, the French National Assembly adopted a draft bill that would require large French companies to adopt due diligence measures in order to identify and prevent human rights abuses in supply chains, more broadly referred to as "vigilance plans". The proposed law, which has yet to be named, would introduce new pressure on enterprises operating on a global level.

Feb.15 Free Webinar Offers Expert Insights for Supply Chain Due Diligence in the European Union

Article

One of the world’s foremost experts on supply chain management, audits and investigations will offer critical insights into improving and sustaining high-performing end-to-end due diligence processes that help companies and suppliers comply with a growing number of regulations in the European Union.

Pages

Subscribe to Source Intelligence