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Insight - 1Q:3A
One question. Three answers.
Supply chains sit at the center of sustainability and risk. With experience in law, manufacturing, and operations, we unpack how law, business, and sustainability intersect.
Supply chains sit at the center of sustainability and risk. With experience in law, manufacturing, and operations, we unpack how law, business, and sustainability intersect.
Q. What is the difference between Sustainability and ESG?
1. Sustainability
Sustainability is often used as shorthand for "sustainable development," which the United Nations (UN) defines as "meeting the needs of the present without as "meeting the needs of the present without compromising the ability of future generations to meet their own needs."
Q. Why are there so many sustainability laws now?
Sustainability laws, referring to laws that curb degenerative human activity, are not new. Rather, recent regulations have broadened the scope of conduct subject to scrutiny. These regulations fall into three overlapping categories:
Q. Sustainable supply chain, where to start?
Implementation requires more than a list of desired achievements. While a policy demonstrates focus, and can include long term planning, practical interventions are required to move the needle.
Q. How are international laws responding to climate change relevant to supply chain?
1. Domestic law: International laws combatting climate change include binding obligations which states implement via changes to domestic law. These new domestic laws will be applied to organizations operating directly or indirectly in that country like any other domestic law.