What are the key regulations affecting supply chain sustainability?

What are the key regulations affecting supply chain sustainability?

Key regulations include the EU's Green Deal, the California Transparency in Supply Chains Act, and the UK Modern Slavery Act.

How do these regulations impact businesses?

They require businesses to disclose their supply chain practices, promote ethical sourcing, and reduce environmental impact.

What are the penalties for non-compliance?

Penalties can include fines, legal action, and damage to reputation, which can significantly affect business operations.

Can you give examples of companies that have successfully adapted to these regulations?

Sure! Companies like Unilever and Patagonia have implemented sustainable practices and transparency in their supply chains.

What resources are available for companies to learn more about compliance?

Resources include government websites, industry associations, and sustainability consultancies that offer guidance on compliance.