Modern supply chains are long, complex and global, making it harder for businesses to know who they’re really dealing with, and for consumers to feel confident they’re buying ethically. The negative consequences of that complexity can be as devastating as the deadly Rana Plaza collapse in Bangladesh in 2013, which galvanised public opinion about the conditions under which our clothing is produced. Revelations about Australia’s food industry in a recent ABC Four Corners report show there are issues to be addressed at home too. So, the conversation has turned to the need to build responsible supply networks and the challenges in doing that. That’s the focus of the Sustainable Supply Network Initiative at UTS Business School and this #think public lecture.
The newly introduced G4 guidelines provide a great opportunity for Australian companies to showcase their supply chain performance, but the issue is to disclose supply chain issues that might not be on the radar of the Australian public, says CSR researcher Martijn Boersma.
The Australian annual general meeting (AGM) season is upon us, and has been preceded by the release of annual reports outlining the financial performance of companies listed on the Australian Securities Exchange. In addition to financial results, many companies will be outlining their sustainability performance, either through integrated reporting or via stand-alone sustainability reports.
Annamarie Reyes from 2SER’s Radio Atticus talks to Martijn Boersma, Researcher at Catalyst Australia and the University of Technology Sydney, about the Catalyst CSR Dashboard and the poor corporate reporting on labour standards and supply chains.