Despite increased risks posed by supply chains, companies still have a long way to go when it comes to establishing ethics and compliance standards for their vendors, suppliers, and other business partners. So says a recent benchmarking survey by the Society of Corporate Compliance and Ethics.
The SCCE surveyed more than 400 compliance and ethics professionals in January, and only 47 percent reported that they distribute their employee code of conduct to suppliers and business partners. Only 26 percent require those third parties to certify that they’ve read it.
