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- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Gwendolyn Hassan, CW guest columnist 2024-03-13T12:10:00
No one would refer to me as a “spring chicken” at this point in my decades-long career, but I am no stranger to social media.
I credit my children for convincing me to use the “Gram” (Instagram) and to watch the occasional TikTok video. You can’t scroll through a feed on any social media platform without coming across an influencer of some kind talking about their latest “collab” (collaboration) with a famous brand.
Take, for example, the professional European football player with more than half a billion followers who has collaborations with multiple clothing, shoe, watch, and nutrition companies. He uses his considerable influence to promote his partners’ products to his hundreds of millions of followers. It’s a mutually beneficial relationship: The influencer gets the additional exposure and caché of partnering with an international brand, and the companies get more exposure and access to new potential customers for their goods or services. A true “win-win.”
You might be thinking: What does this have to do with ensuring an ethical supply chain? I suggest both supply chain and ethics and compliance professionals could take a page out of the social media influencer playbook and look to collaborate with suppliers more to create their own win-win scenarios.
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News and analysis for the well-informed compliance or audit exec.
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2024-04-23T15:44:00Z By Ruth Prickett
Compliance failures in the supply chain are hampering organizations’ efforts to implement environmental, social, and governance initiatives and meet disclosure requirements, according to a new report by U.K. law firm Burges Salmon.
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Presenting data to the board and providing examples of positive consumer response to ethical decision-making help compliance departments demonstrate value beyond keeping an organization in line with rules and regulations, experts discussed at Compliance Week’s 2024 National Conference.
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The global political landscape should be high on the risk radar of compliance officers in 2024, according to compliance leaders speaking at Compliance Week’s 2024 National Conference, along with increased regulatory scrutiny toward forced labor, ESG, and M&A.
2024-05-20T19:16:00Z By Aaron Nicodemus
A U.S. Senate report found three European automakers—Volkswagen, BMW, and Jaguar Land Rover—sold cars in the United States with parts sourced from a supplier suspected of using forced labor from China’s Xinjiang region.
2024-03-18T13:20:00Z By Aaron Nicodemus and Adrianne Appel
Rooting out potential child or forced labor violations in your company’s supply chain can have benefits beyond protecting reputation and being ethically sound. The process can also help your firm comply with pending child labor laws in other jurisdictions.
2024-03-14T17:54:00Z By Maria L. Murphy
Although compliance should be the company’s primary responsibility, auditors have become the last line of defense and are getting pressured and blamed for supply chain issues, including instances of child labor. Is this expected to become the normal for the profession?
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