
CSR / ESG / Sustainability
ESG Reporting Laws and Growing Public Awareness: Understanding Why
As we all strive for a better environment and sustainability, retailers and brands are focusing more and more on ESG practices at all levels, including a lot on the supply chains. QIMA's ESG expert Anouschka Jansen has penned down this informative article on Supply & Demand Chain Executive's website. Take a read. If you have further interest in the topic, drop me a line and we can brainstorm on how QIMA can support your efforts.
#esg #environment #sustainability #supplychain #csr #carbonfootprint
CSR programs are an Investment, not a Cost
Many people are looking at the new regulations coming out around the world requiring companies to do some sort of due diligence to ensure they are sourcing responsibly and worried about the additional costs that will be incurred towards their business.
I encourage you to view a Corporate Social Responsibility (CSR) program not as a cost, but as an investment in the future success of your business. CSR programs ensure that the workers in your factories are treated well. Happy workers in your factory = better products. Why? Because the workers come back.
Imagine you are sourcing mainly from China. You source from factories that treat their workers poorly. Every years at Chinese New Year when all the factories across China shut down, all the workers go back to their villages. When they come back 3-4 weeks later, they will not return to a factory at which they were unhappy.…