updated over 2 years ago by Organisation for Economic Cooperation & Development (OECD)
Source
Comments
"In FY2018 we partnered with a global independent sustainable supply chain consultancy to conduct a review of our capability and management approach in facilitating alignment with our Responsible Sourcing Standard. This included a review of sourcing practices across our business with reference to best practice in other organisations and emerging legislation, such as the Australian Modern Slavery Bill.
The review guided development of an implementation strategy, including core capabilities for the business to adopt. The review also included the completion of an ESG risk assessment and segmentation exercise illustrated below, which resulted in the inclusion of 80 per cent of our supply chain by value. This enables us to assess suppliers based on influence and risk, and design a prioritised approach to engaging or verifying suppliers with reference to our standards and expectations. " p. 36