The future state of supply chain transparency
International regulations focusing on supply chain transparency and sustainability are expected to grow. Requirements related to environmental, social, and governance (ESG) factors could become more standardized, requiring companies to demonstrate responsible practices throughout their supply chains.
The global supply chain is undergoing a transformation driven by consumer demand for transparency and ethical sourcing. Modern consumers are increasingly conscious of the environmental and social impacts of their purchases. As a result, they expect businesses to uphold ethical standards, ensure responsible sourcing, and minimize negative environmental and social effects.
As environmental and social concerns gain prominence, international compliance requirements will likely focus on ensuring responsible business practices across the entire supply chain. Governments and regulatory bodies recognize the importance of addressing issues such...
