Briefing | Transparency
This briefing makes the case for a multi-tiered approach to responsible supply chain management. It highlights some of the pitfalls in failing to look beyond first tier suppliers and includes a snapshot of how far some leading companies are looking down their supply chain.
- Globally, only a third of companies are actively seeking transparency below tier 1 in their supply chain, at scale
- The greatest and most critical sustainability risks are found deeper down the supply chain
- Companies that reach past the first tiers improve supply chain management and meet stated business and sustainability objectives
- Supplier relationships built on engagement, trust and empowerment are central to managing supply chain risks.