Why radical transparency in businesses has become so vital

A TV host takes supermarkets to task on BBC’s Watchdog programme after her daughter’s Halloween costume catches fire. A chemical previously thought harmless and contained in thousands of consumer products suddenly shows up on an official list of extremely hazardous substances. A company with a strong public commitment to sustainability discovers inadvertently that much of…

Human rights issues in the supply chain – engaging suppliers in the responsible sourcing project

Ensuring that practices such as modern slavery and child labour don’t find their way into supply chains is a serious challenge for modern businesses. As this article points out, few companies have visibility beyond their first tier of suppliers, and many commodities are sourced from countries where human rights risks are substantial, but mapping your supply…

The Commercial Case For Supply Chain Management

  Reputational Companies that are concerned about protecting their brand against negative publicity need to make sure they have full visibility throughout their supply chain in order to identify and act on any suppliers that may be engaging in illegal or unethical activities. Customers are increasingly looking for assurance that the materials or products they…

Which products have been withdrawn, recalled or banned from the market in the EU in the last week (published on 21/08/2015)

In its weekly overview of its Rapid Exchange of Information System (RAPEX), the EU has produced the following report on the products that have recently been withdrawn, recalled or banned from the European market. The RAPEX system covers non-food products posing a risk to consumer health and safety, and highlights the commercial importance of product…

Our new Chief Operations Officer – Fiona Horsnell

Here at Track Record Global we have big plans for expanding the business. The business is growing fast, particularly in the UK retail sector. Retailers are, however, demanding to deal with, technically rigorous, and the profit margins can be tight. In the light of this we’ve created a new position of Chief Operations Officer. Fiona Horsnell…

Slavery in the supply chain

According to the International Labour Organization (ILO) there are more than 20 million forced labourers around the world today. The Global Slavery Index estimates the number is closer to 40 million. Many of these modern day slaves are working in the supply chains of western corporations, and the ILO estimates that roughly $150 billion of illegal…

Austrian Company Exposed Offering Bonuses for Illegal Romanian Timber

The largest forest products company in Romania, the Austrian-based Holzindustrie Schweighofer, is suspected of knowingly buying illegally-cut wood in the country. The Environmental Investigation Agency (EIA), an environmental NGO, has released a video exposing the leadership of the company knowingly accepting illegally harvested timber, as well as offering bonuses for any further timber supplied. Romania…

Climate change and the demand chain – tackling deforestation

Human activity is changing the world’s climate for the worse.  The naysayers sound increasingly strident, isolated and ridiculous. It is unclear whether they are either driven by ego or by some darker short-term commercial considerations. The scientific proof on climate change continues to build, with the negative impacts ramping up.  Governments and global businesses are…

Climate change and supply chain transparency

Up to a fifth of global greenhouse gas emissions come from deforestation and forest , according to The World Wide Fund for Nature (WWF). The negative impacts of climate change will drive a raft of increasingly punitive government regulations and legislation – with big impacts on people’s lives and the way businesses function. In recognition,…