And for that matter, where does everything go?
We live in a world with global supply chains and apparently bottomless consumption. The demands of the market are that companies get stuff and sell it – but they do not often remember where it came from and perhaps don’t much care where it goes. So to deliver accountability . . . → Read More: Where does everything come from?
If the entire earth were a business, what would it be worth? That is one of the central ideas of ‘What’s the point of capitalism?‘ a new ebook by Joss Tantram.
The analysis is a good read and the issue important. This is the first in a series questioning how 9 billion people – the population we . . . → Read More: A living concern
Now that Brexit is on its way, everyone is trying to work out what it means. I believe the most profound implications are not about the re-configuration of the UK’s political parties, or the length of time withdrawal may take, or the possible economic impact – or even the fragmentation of the United Kingdom.
The . . . → Read More: Brexit after Brexit
Here is my post about the ownership of natural capital on the ICAEW website.
Labour Behind the Label has released a report that criticises the achievements of H&M and M&S in their clothing supply chains.
M&S in particular comes off in a bad light. Its 2010 Plan A commitment to deliver a living wage appears to have failed. What the report establishes is that workers in key parts of M&S’ supply . . . → Read More: Is Plan A a stitch-up? Or just over-spun?
Tesco has been roundly criticised by the Grocery Code Adjudicator over its treatment of suppliers. The adjudicator investigated “the length of time taken to pay money due to suppliers, unilateral deductions from suppliers and an intentional delay in paying suppliers”. The findings leave no doubt that Tesco was engaged in substantial supplier abuse. In fairness it . . . → Read More: Supplier abuse
Channel 4’s report on conditions for fruit packers reveals regular, awful treatment of the workers supplying the supermarkets.
No doubt all the supermarkets’ suppliers are regularly audited to guard against just this sort of exploitation. So what has gone wrong? The immediate answer is that the ‘unannounced, random audits’ were not nearly random or unannounced enough. In these circumstances, the . . . → Read More: Can you audit your way out of slavery, or do you have to pay the price?
The ACCA has recently published a report on the reporting of child rights issues, in which I was involved.
The abuse of child rights is one of the most serious issues that a company can face. More than any other it has the potential to bring down any organisation associated with it. That is because . . . → Read More: Is reporting child’s play?