ESG Summit: Holistic approach to supply chain risk an ‘investment differentiator’
By 
Jeff Dale2022-09-22T16:51:00
Two experts explained how the C-suite as a whole—not just compliance officers—should be focused on the holistic approach to supply chain risk management during a session at Compliance Week’s virtual ESG Summit on Monday.
Alexis Huseby, vice president and research analyst of environmental, social, and governance (ESG) at Lazard Asset Management, described the holistic approach to supply chain risk management as asking the question, “Your peers are paying attention to this—are you?” She said this approach could be an “investment differentiator imperative going forward.”
From Huseby’s perspective, without buy-in from asset managers and corporations they own, a shift in the sustainability space is unlikely.
Related articles
-
News BriefLawmakers pressure SEC to examine Shein’s sourcing practices before IPO
Two dozen lawmakers have demanded the Securities and Exchange Commission require an independent third party to verify fast-fashion retailer Shein does not use Uyghur forced labor before allowing it to go public.
-
PremiumGood faith not good enough in navigating global supply chain laws
Differences in the level of duty of vigilance among supply chain legislation in countries including the United States, United Kingdom, and Germany mean best efforts to root out and stop slave labor and other worker exploitation are not enough, according to experts.
-
ArticleU.S. law to stop Uyghur forced labor remains compliance challenge
It’s been six months since the Uyghur Forced Labor Prevention Act took effect, and businesses are no clearer today on how to comply with it, those familiar with the law said.
More from ESG/Social Responsibility
-
News BriefDOJ says BlackRock, Vanguard, State Street pressed ESG goals to lower U.S. coal output
The Department of Justice and Federal Trade Commission have bolstered a conservative legal effort to dismantle environmental, social, and governance-based investment strategies from three large asset managers by claiming they illegally conspired to artificially raise energy prices.
-
News BriefNot satisfied with gutting federal laws, Trump turns towards states
In support of President Donald Trump’s deregulation agenda, U.S. Department of Justice sued four states in its ongoing attempt to derail state efforts to force energy companies to pay for damage they caused to the environment.
-
News BriefTrump attempts to block state climate laws with executive order
President Donald Trump has issued an executive order slamming state-led efforts to address climate change, reduce greenhouse gas emissions, and other environmental, social, and governance (ESG)-related laws.