California Transparency in Supply Chains Act (SB-657) Guide
by Matt Thorn
on March 8, 2018
Globalization has led to increasingly complex supply chains. While challenging, supply chain monitoring enables companies to manage risk while protecting both their reputation and workers. Supply chain traceability is becoming a business necessity and initiatives like California’s Transparency in Supply Chains Act mean companies now have to incorporate anti-human trafficking measures into their corporate policies. There are advocates who have collaborated on a number of programs offering a wealth of proposals and ideas to help companies begin to implement policies to reduce the likelihood of modern day slavery in their corporate supply chains. A growing number of companies are integrating corporate social responsibility into their business models to protect human rights, promote economic and social development, and safeguard the environment. Many companies have learned through experience that ethical sourcing practices contribute to sustainable profits and economic advantages that benefit both investors and employees.
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Gaining and Maintaining Transparency In Supply Chains