When I talk to clients about the COVID-19 crisis I'm often reminded that beneath the headlines about the impact on business and the economy are countless human stories of workers facing hardship and farms and factories under pressure as facilities are shut down and demand declines.
How companies treat people and suppliers in the crisis matters and will be remembered. In such conditions it can be tempting to cut corners or compromise standards in supply chains to prioritise trading and cash flow. But the businesses that emerge strongest from the turmoil will be those that protect their brands and supply chains by acting ethically.
Well-known UK brands are already in the spotlight for the ethics they demonstrate and this scrutiny is likely to increase as the crisis unfolds. This point was underlined recently when investors with $4.5 trillion of assets wrote to 95 well-known brands urging them to uphold human rights and take care of people in their supply chains during the crisis.
With this in mind, here are a number of key points I think businesses need to consider to maintain an ethical supply chain during the COVID-19 crisis.