The trend towards supply chain transparency is not only growing and evolving within areas already implementing regulations, but it is also expanding into new regions. While many in the European Union saw the good that the RoHS directive was doing, others around the world quickly began to take notice.
Sustainability performance is critical for 21stCentury businesses. Employees and customers throughout the supply chain demand it. Investors do as well, and with good reason—one recent survey that looks at 200 academic studies found that 88% of sources found that “robust sustainable practices . . . translate into cash flows.” However, full integration of “robust sustainable practices” may require a governance change to endure over time, especially in the context of the public markets.