Unified Metrics Library - Sustainable Supply Chain

Helper question

Did the company demonstrate a certain level of transparency and traceability in its supply chains, during the period?

Summary

A sustainable supply chain is a supply chain that fully integrates ethical and environmentally responsible practices into a competitive and successful model.

Unit

Boolean: Yes or No

Description

Transparency in sustainable supply chains involves openly communicating information about a company’s sourcing, manufacturing and distribution processes. It aims to disclose relevant details, such as suppliers, production methods and environmental impact. Traceability complements this by enabling the tracking of products throughout the supply chain.

Regulatory Definition

In simple terms, due diligence is how a business understands, manages and communicates about risk. This includes the risks it generates for others, and the risks it encounters through its strategic and operational decisions and actions.

Sources

Proposal for a DIRECTIVE OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on Corporate Sustainability Due Diligence and amending Directive (EU) 2019/1937

Examples

A sustainable supply chain practice might be partnering with local farmers for sourcing key ingredients. Instead of relying on distant suppliers, the organization reduces logistics related emissions and ensures fair compensation of local workers.

GDPR compliance

SFDR - Engagement policies