Global sustainability-related legislation and regulation are developing fast, exposing international companies to complex ESG-related risks.
One area in which businesses are facing particular challenges is supply chain liability and, while they might be used to dealing with other types of risks in that space, ESG-related due diligence is fast becoming an important requirement for them to consider.
Gone are the days when companies could take a limited interest in the operations and practices of their suppliers.
In this article for SustainableViews, Fred Kelly considers some recent legal and regulatory developments that exemplify and why companies need to get to grips with the environmental and human rights impacts of their supply chain.
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