Discloses Changes to Purchasing Practices (COVID-19 Response)
Does the company disclose any changes to purchasing practices or supplier agreements as a result of economic pressures of COVID-19?
About the data
Brands purchasing practices during Covid-19 have had a huge impact on suppliers' ability to pay workers on time and adequately. It is important brands are monitoring and disclosing this information as it helps inform understanding of how Covid-19 response has impacted workers across global supply chains.
Examples of changes to purchasing practices changes would include the percentage of orders cancelled or disclosure of any changes to payment terms faced by suppliers (late payments).
Examples of changes to purchasing practices changes would include the percentage of orders cancelled or disclosure of any changes to payment terms faced by suppliers (late payments).
Methodology
In this question you are being asked to identify whether the company discloses any changes to purchasing practices or supplier agreements as a result of economic pressures of COVID-19.
Where to look for this information:
- Corporate Social Responsibility report
- In Modern Slavery Statement or California Transparency Act disclosure
- Corporate Social Responsibility report
- Company documents
- Company policies
- Company websites
- Company code of conduct
- Parent company documents (only if the parent company is linked to from the brands website)
- Parent company policies (only if the parent company is linked to from the brands website)
- Parent company websites (only if the parent company is linked to from the brands website)
- Parent company code of conduct (only if the parent company is linked to from the brands website)
Good keywords for your searches include:
- Purchasing practices
- Cancelled orders
- Late payments
Where to look for this information:
- Corporate Social Responsibility report
- In Modern Slavery Statement or California Transparency Act disclosure
- Corporate Social Responsibility report
- Company documents
- Company policies
- Company websites
- Company code of conduct
- Parent company documents (only if the parent company is linked to from the brands website)
- Parent company policies (only if the parent company is linked to from the brands website)
- Parent company websites (only if the parent company is linked to from the brands website)
- Parent company code of conduct (only if the parent company is linked to from the brands website)
Good keywords for your searches include:
- Purchasing practices
- Cancelled orders
- Late payments
Value Type
Category
Options
Yes
No
Research Policy
Designer Assessed