Chain of Custody and Transparency in Global Supply Chains

Abstract

For a number of years, global value chains have been under pressure from multiple stakeholder groups to become more sustainable. Specifically, companies at the end of value chains, such as manufacturers, brands, and retailers, need to translate market needs in terms of sustainability into efforts in their sourcing strategy. Alongside price and product quality, the process of creating a product demands ever more attention. This is especially due to the fact that positive impact and progress on environmental and social aspects can be realised early in the value chain at farming, mining and processing levels.