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What s the best way to incentivize supplier sustainability?
A small but growing number of large corporations have been experimenting with something called “sustainable supply chain finance.”
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Labor convergence program
Global trade supplier finance program
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Sustainable terms of trade initiative
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Exporters association
Greenfin weekly
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Levi strauss
Trade supplier finance program
Secured overnight financing rate
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Global trade supplier finance program
International finance corporation
Garment workers suffer as companies hit by Covid-19 cancel orders
Garment workers suffer as companies hit by Covid-19 cancel orders Quartz 2/22/2021 Marc Bain © Provided by Quartz Garments workers shout slogans as they block a road demanding their due wages during the lockdown amid concerns over the coronavirus disease With the wages she earned as a garment worker at Yi Da Manufacturer, a factory in Cambodia, Douk Sovann says she would normally spend about $10 a day on food. That amount would feed her and her three daughters, who range in age from 10 to 17. Then came the pandemic, and business at the factory plummeted. Sovann was furloughed, and her monthly income fell from about $250 a month to just $70, between the $40 in assistance she received from the government and $30 from the factory. She had no choice but to cut the family’s food budget. During that period the four of them lived on $2.50 to $3 a day.
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