How Latin American companies can implement the ‘G’ in ESG in their supply chains

ESG criteria are not three single letters, but work as a whole. Having a strong ‘G’ for governance in supply chains can ensure effective corporate governance and provide a way for the ‘E’ and ‘S’ to be just as effective. Against an uncertain backdrop, implementing ESG criteria has the potential to create a competitive advantage for Latin American companies and accelerate responsible transformation. SMEs and family businesses play an important role in the region’s supply chains, accounting for a predominant percentage of formal employment and contributing to the region’s GDP.
More…https://www.weforum.org/agenda/2022/11/this-is-how-latin-american-companies-can-implement-esg-in-their-supply-chains/

Attachments

Related Post

thumbnail
hover

Fostering convergence in SME sustainability reporting

Small and medium-sized enterprises (SMEs) play a pivotal role in driving sustainable economic growth. Representing over 90% of businesses gl...

thumbnail
hover

Advancing gender parity in entrepreneurship: strategies...

Gender parity in entrepreneurship is not just a moral imperative but a crucial driver of economic growth and innovation. Closing the gender ...

thumbnail
hover

Entrepreneurship, skills training and impact work...

Nearly 65 million youth worldwide are unemployed, with many young people at the start of their work life having been impacted by the pandemi...

CLOSE
CLOSE