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A company’s entire supply chain can make a significant impact in promoting human rights, fair labour practices, environmental progress , and anti-corruption policies. The businesses that protect their brands and supply chains by acting ethically shall be considered the most resilient to weather turmoil and crises like COVID-19. Compromising standards in supply chains to prioritize trading and cash flow shall lead to reputational risks for the companies.
The current crisis of COVID 19 has clearly established that it is only through Innovative Sustainable Business Practices aligned with SDGs and 10 UN Global Principles that we can respond, recover, rebuild and restore the health of both our planet and its people. Profit will flow better when transparency, ethics, mutual trust, and values drive business strategies.
Staying Focused on People During & Post COVID-19