SUSTAINABILITY
Kim emphasises building trust and loyalty through sustainability : “ Businesses are under greater scrutiny regarding their obligations to society , making it increasingly important to consider the environmental and social impact on supply chains . Corporate Social Responsibility includes sustainability , and demonstrating these initiatives is vital for building trust and customer trust and loyalty .”
“ Including sustainability considerations within the supplier code of conduct fosters supplier partnerships that support ESG goals and help demonstrate continuous improvement against
UK Government targets , such as Net Zero 2050 .”
Stuart focuses on the importance of regulatory compliance . As the UK Government plans to implement directives such as the UK Sustainability Disclosure Standards ( SDS ) and UK Sustainability Disclosure Requirements ( SDR ) this year to curb greenwashing and enhance sustainability disclosure , “ it is imperative that businesses commit to these considerations within their code of conduct to ensure greater compliance ,” he adds .
“ A comprehensive supplier code of conduct must outline environmental
162 August 2024