What are the key global regulations on supply chain ethics?
An example of an AI chatbot conversation about global supply chain ethics regulations.
What are the key global regulations on supply chain ethics?
Key regulations include the OECD Guidelines, the UN Guiding Principles on Business and Human Rights, and the EU's Supply Chain Due Diligence Directive.
How do these regulations impact businesses?
These regulations require businesses to conduct due diligence, ensuring ethical practices and transparency in their supply chains.
Can you give examples of companies that comply with these regulations?
Sure! Companies like Unilever and Nestlé have implemented robust supply chain ethics programs to comply with these regulations.
What are the consequences of non-compliance?
Non-compliance can lead to legal penalties, reputational damage, and loss of consumer trust.
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