Achilles: Food Manufacturers Face Ethics Risk from 'Hidden Suppliers'
Food manufacturers across the globe have admitted failing to put in place basic safeguards to protect vulnerable workers in their supply chains – almost one year on from laws to stop slavery, child labour and unethical working practices.
In total, almost one in five (19%) of large food manufacturers admitted they don’t have a way of finding out even the name and address of suppliers in their supply chain – a basic first step for identifying and ending abuses. More than half of large firms (53%) admitted they do not have a plan in place to find out in the future who is in their supply chain.
Further, more than one in 10 (12%) food companies admitted they do not put in place corporate standards which suppliers must adhere to, on issues such as ethics, and health and safety - according to a survey of 42 large food manufacturers across the UK, USA, Spain, Brazil, Asia, Australia, South Africa and the Middle East. The study was carried out by independent research agency IFF and commissioned by Achilles – a global supplier risk management company.
As a result, 40% of food manufacturers believe it is ‘likely or very likely’ they will be exposed to mounting legislation; and almost a third (29%) say it is ‘likely or very likely’ exposed to reputational damage.
Luis Olivie, Global Business Development Director for Achilles, said: “Without knowing who is in the supply chain, or having basic information about how contractors do business, food manufacturers are putting themselves at risk of using ‘hidden’ slave labour, child labour or unethical working practices.”
Businesses found to be using unethical labour in supply chains face hefty fines under various laws such as the UK Government’s Modern Slavery Act.
“To prevent a ticking timebomb of risk, we recommend large businesses map their supply chains through all tiers to identify and tackle potential risks. With a clear picture of who is in the supply chain, businesses can implement clear standards on ethics, which suppliers must adhere to before they are even considered to provide goods and services,” added Mr Olivie.
For more information on supply chain mapping, click here .
Notes to Editors:
About Achilles - Achilles creates and manages a global network of collaborative industry communities, allowing trading partners to share high quality, structured, real-time data. Using cloud-based technology and industry expertise we act as an independent partner, providing validated data and insightful analytics to enable buyers across a sector to identify and manage risk and suppliers to increase market reach while increasing compliance and minimising costs for the network as a whole.
Global PR Manager for Achilles
Information om Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco
Følg pressemeddelelser fra Business Wire
Skrive dig op her og du vil løbende modtage pressemeddelelser på mail. Indtast din mail, klik på abonner og følg instruktionerne i den udsendte mail.
Flere pressemeddelelser fra Business Wire
MA-VERTEX-PHARMA21.2.2018 22:03 | pressemeddelelse
Vertex Initiates First Phase 3 Study of VX-659, Tezacaftor and Ivacaftor as a Triple Combination Regimen for People with Cystic Fibrosis
AZ-UNIVERSAL-LASER21.2.2018 19:02 | pressemeddelelse
Universal Laser Systems® Expands Portfolio of Laser Material Processing Systems with the ULTRA Platform Series
WA-LUXOFT21.2.2018 17:32 | pressemeddelelse
Luxoft One of Six Companies Collaborating with Amazon Web Services to Accelerate Blockchain Adoption
WESTINGHOUSE-ELECTRIC21.2.2018 17:32 | pressemeddelelse
Westinghouse Electric Company to Provide Engineering Support at Vandellós 1 in Partnership with EDF
FL-H.I.G.-CAPITAL21.2.2018 15:04 | pressemeddelelse
H.I.G. Europe Completes a Strategic Investment in Puerto de Indias Group
VA-SAVI-TECHNOLOGY21.2.2018 14:04 | pressemeddelelse
Savi Adds Supply Chain Star Johannes Giloth to Advisory Board
I vores nyhedsrum kan du læse alle vores pressemeddelelser, tilgå materiale i form af billeder og dokumenter, og finde vores kontaktoplysninger.Besøg vores nyhedsrum