Mondelฤz International has become among the latest consumer goods companies to tighten its sourcing requirements for palm oil, improving itsย traceability of suppliers. But recent analysis also finds the industry has a long way to go in its progress.
Supply Chain
Posted inAnti-Bribery
Best practices KYC: What to do when your client is in the headlines
How do we, as AML professionals, assess negative media alerts? It should start with a conversation with the client relationship manager, but it shouldnโt end there, writes Martin Woods.ย
Posted inEthics & Culture
Disney sends anti-hate message to Facebook; PG&E facing more heat
In this weekโs โNailed It or Failed It?โ, Disney gets kudos for throwing its weight behind the #StopHateForProfit protest, while PG&E earns criticism after being found responsible for yet another California wildfire.
Posted inEthics & Culture
Boohoo complaints put spotlight on supply chains and working practices
Recent reports of underpaid workers at suppliers for U.K. fashion retailers Boohoo and Quiz shed light on inherent weaknesses in companiesโ monitoring of their supply chains.
Posted inInternal Controls
Nothing more important than knowing your risk exposure
In performing due diligence on your supply chain partners, do not be intimidated into accepting no for an answer. Being blind to potential risks is bound to get you into trouble, writes financial crime expert Martin Woods.
Posted inRisk Management
When manufacturing new product lines, be aware of new compliance risks
As companies around the world begin to manufacture products outside their comfort zone to address dire shortages in personal protective equipment amid the pandemic, compliance practitioners are negotiating new risks and challenges.
Posted inEthics & Culture
Imagining a utopian food supply chain
If the coronavirus pandemic has taught us anything, itโs that we need a more resilient food supply chain. Jaclyn Jaeger explains what that could look like and how the public and private sector could play their parts.
Posted inRisk Management
Sanctions guidance: Best practices for maritime, energy, metals sectors
A global advisory to alert the maritime, energy, and metals sectors about common deceptive shipping practices used to evade sanctions includes seven sanctions compliance best practices to mitigate risk.
Posted inEthics & Culture
Coronavirus has made CW2020 a (virtual) gathering like no other
The coronavirus pandemic has made getting together for our annual National Conference impossible, but itโs also made this virtual gathering (Monday and Tuesday) perhaps the most important one weโve ever had.
Posted inEthics & Culture
Driving innovation in supply-chain practices post-pandemic
A number of forward-thinking companies are using the coronavirus pandemic as an opportunity to drive promising innovations in their global supply chains.
