considerations and push for greater sustainability measures within supplier relationships . Only by doing this can it promote ethical business practices .”
Graham stresses the need to help suppliers overcome challenges , adds : “ organisations should educate , train and offer support to suppliers to ensure they have the tools to achieve these goals .”
Evolution in action Over the past decade , codes of conduct have evolved due to stricter regulations , heightened stakeholder expectations and the complexities of global supply chains . Companies are placing more focus on Corporate Social Responsibility ( CSR ) and Environmental , Social and Governance ( ESG ) goals , driven by the need for transparency , ethical business practices and sustainability . Technological advancements , ethical scandals and growing awareness of diversity , equity , inclusion and environmental concerns have also played a significant role .
These factors collectively have pushed businesses to adopt more comprehensive and enforceable ethical guidelines to meet modern demands and maintain trust .
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