Listen to Linda Kromjong, president of the global business association amfori - Trade with Purpose
In this Frankly Speaking episode, Richard Howitt welcomes one of the leading business voices on supply chain management in the world, Linda Kromjong, president of amfori, Global Business Association and a key advocate of open and sustainable trade in Europe and in the world.
In this episode, you’ll hear more about:
“This is a legislation that doesn't only apply to the Global South or to the North. It applies to everyone. And at some point in time, it will all really go down beyond tier 1, 2 or 3. If everyone has those standards, it means that you have a level playing field. If you already embarked on that journey and are already applying those principles in the way you do business, it gives you a competitive advantage.”
There's very little pressure being applied to companies by investors looking at how they're actually behaving and treating human rights as a core business priority. This needs to change.
Investors shouldn't just take companies' word for what they're doing; they should investigate what the companies are actually doing regarding human rights.
Germany's NewClimate Institute has produced the Corporate Climate Responsibility Monitor report, evaluating the transparency and integrity of climate pledges of 51 major companies across different sectors and geographies.