Sourcing Market Trends and ESG Compliance Strategies slide image

Sourcing Market Trends and ESG Compliance Strategies

Social: Assessing Fair Labor conditions is more mature and most are able to receive needed data Fair Labor ➤ Positive treatment of all employees including favorable pay and benefits in excess of mandated minimums. This includes fair employment consideration for all individuals regardless of personal differences. ➤ High percentage of assessing in fair labor data points to this issue received high degree of awareness in Europe Share of respondents assessing fair labor data of suppliers 9% 19% 10% 46% 16% 15% 9% 2% 32% * * + 32% 10% 8% 9% 18% 30% 15% 30% Enough to ensure that we follow the local regulation standards According to our customers' requirements According to our own internal ambitions that exceed customers' minimum requirements We do not assess it Suppliers do not provide data when asked I do not know COPYRIGHT © 2023 ARC Consulting. All rights reserved. 16
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