No firm is an island – the importance of supply chain due diligence

Published: 12 November 2020
Author: Themis

Supply chain due diligence is vital if companies are to understand the ethical, reputational, compliance and commercial risks involved in their supplier relationships. This year, evidence of poor labour practices and exploitation was found in the supply chains of Apple and Boohoo, which have both suffered reputational hits as a result.

Given the growing focus placed on ESG issues by many consumers and regulators, organisations will increasingly be held to account for their supply chain decisions and the related values they are seen to endorse. Now more than ever, it is crucial that companies invest in thorough supply chain due diligence – or face the considerable risks of not doing so.

Themis’ latest briefing note looks at the increasing risks associated with supply chains, practical steps to mitigate those risks, and how Themis can help.

Download the briefing note here.

 


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