AfricaIntegrity_LogoAfricaIntegrity_LogoAfricaIntegrity_FooterLogoAfricaIntegrity_Logo
  • Who we are
    • In Brief
    • Our team
  • What we do
    • Corporate Investigations
    • Risk Advisory
    • Strategic Intelligence
    • Training and Systems Reviews
  • How we work
    • Case studies
  • Where we work
    • Coverage
  • Why us
    • Why us
  • Contact us
June 2, 2021
Categories
  • Africa Integrity insights
  • Central Africa
  • East Africa
  • North Africa
  • Southern Africa
  • West Africa
Tags

Supply Chain Monitoring: An Essential Consideration

Africa Integrity has previously written about the need for businesses to stay ahead of European legislation that is on the horizon, requiring companies to address Environmental Social and Governance (ESG) concerns associated with their supply chains. But it is not just legislators who are making this demand, with pressure also coming from both investors and customers. As a result, multinational corporations based in the West are having to pay greater attention to the ESG standards of their global supply chains.

For instance, last month nearly 40 British food businesses co-signed an open letter to Brazil’s senate, calling on lawmakers to reject a bill which is feared to aid deforestation in the Amazon. The companies have threatened to stop sourcing products from Brazil if the proposed reforms go ahead. In the past, Western corporations lobbying Brazil’s parliament would have been widely derided as interference in a sovereign nation’s political affairs. In 2021, the narrative has changed; the private sector is now considered unethical if it does not take a stand on such matters.

Elsewhere, Elon Musk recently announced that Tesla is suspending its support of Bitcoin as a payment method for car purchases, reversing a position only adopted in March. The reason given is the growing tide of environmental concerns raised about the way in which Bitcoin and other cryptocurrencies use vast amounts of electricity produced through the burning of fossil fuels, including coal. The backlash to Tesla’s original decision to accept Bitcoin – and the subsequent reversal – are indicative of investor and customer scrutiny of companies’ ESG credentials.

Essentially, corporations are facing pressure from all angles to have sight of their supply chains and address any ESG concerns therein. While this seems like a daunting task, Africa Integrity can be of assistance, through our new offering – Supply Chain Integrity Monitoring Services (SCIMS) – which has been developed together with Kleos Advisory. SCIMS is designed to be a one-stop-shop for companies to manage ESG risk within their supply chains. Please contact us to find out more.

Share

Recent Posts

  • Africa Integrity Foresight – Russia & Ukraine: Food Insecurity Feeds Instability May 5, 2022
  • Africa Integrity Foresight: Russia-Related Reputational Risk in Africa March 30, 2022
  • The Importance of Political Monitoring March 9, 2022
  • Africa’s Adoption of Digital Currencies March 1, 2022

AFRICA INTEGRITY INSIGHTS

Twitter

Major military operations planned in northern and south-eastern Burkina Faso, as the government orders the evacuation of civilians. This will be an important test for the new administration, which has struggled to reduce insecurity since taking power through a coup in January

Reuters Africa@ReutersAfrica

Burkina Faso tells civilians to evacuate vast zones ahead of military operations https://www.reuters.com/world/africa/burkina-faso-tells-civilians-evacuate-vast-zones-ahead-military-operations-2022-06-21/

Tunisia is braced for the first confrontation between President Kaïs Saïed and the country’s most powerful trade union, following its call for a general strike. This will add to growing tensions in the country, which may cause unrest ahead of the constitutional referendum in July

RFI Afrique@RFIAfrique

Tunisie: le syndicat UGTT a appelé à une grève générale dans le secteur public https://rfi.my/8VNX.t

The UNHCR warns that the food security crisis amplified by the #UkraineWar will lead to record levels of global displacement. In our recent Foresight paper, we examined the exposure of African countries to this crisis https://africa-integrity.com/africa-integrity-foresight-russia-ukraine-food-insecurity-feeds-instability #Africa #FoodSecurity

Reuters Africa@ReutersAfrica

A food security crisis stoked by the Ukraine war is set to push more people to flee their homes in poorer countries, driving record levels of global displacement even higher, the head of the U.N. refugee agency (UNHCR) said. https://www.reuters.com/world/food-crisis-will-drive-record-displacement-levels-higher-un-refugee-chief-2022-06-16/

In March and May we produced Foresight papers on the impact of the #UkraineWar on Africa. We examined Russia-related reputational risk and the effect of the conflict on food insecurity and social stability. To receive these papers, please contact us https://africa-integrity.com/

Privacy Policy • Cookie Policy • Terms and conditions • Contact us

Website by Creative Clinic