Unchained malady: supply side risks

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In the Financial Times Alain Beattie describes how companies use a variety of strategies to offset supply-chain risks, especially when sourcing from less-developed countries. He mentions the World Bank Group:

The World Bank and its private-sector arm, the International Finance Corporation, are often asked to participate in projects in countries with poor governance - less for the finance they provide than for their human rights and environmental standards, which act as a seal of international approval.

For more see Strengthening Implementation of Corporate Social Responsibility in Global Supply Chains and the IFC’s safeguard, environment and disclosure policies and publications.

Do not commit Napoleon’s tragic folly and ignore your supply chains!

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