Meanwhile, only a third of those CPO-level executives surveyed forecast an increase by that same measure.
It is likely that these responses refer to their own organisation’s supply chains and their activities compared to the prevailing environmental conditions.
Procurement Leaders’ research has found that companies have certainly become more engaged in documenting their CSR policies over the past 12 months. Judging by February’s Intentions results, it appears that most believe that this is sufficient to prevent a CSR incident. However, when it comes to practical means to prevent such actions occurring, we find that companies are little less active.
In the CSR in Procurement Report Procurement Leaders found that those organisations that actively worked with and monitored suppliers to reduce the realisation of reputational risk were actually relatively few.
There are serious questions marks, therefore, over whether procurement’s current provisions are sufficient to prevent CSR incidents in their supply chain.
The CSR in Procurement Report is available to enterprise members here.
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