Supply chain sustainability is increasingly recognized as a key component of corporate responsibility, and customers and investors are beginning to set expectations for small and medium enterprises (SMEs). These may add to existing expectations, internal to SMEs, found in contract terms with suppliers or implicit in supply relationships. Effective management of the social, environmental and economic impacts of supply chains makes good business sense, but the challenge for many SMEs is efficiently utilizing existing resources to comply with existing and emerging regulations, meet stakeholder expectations and reach internal sustainability goals. To navigate this complex terrain, we offer a few baseline definitions and practical steps that SMEs can take toward progress, using the United Nations Global Compact principles as the basis to work toward supply chain sustainability.
UN Global Compact sustainable supply chain resources can be accessed at: www. unglobalcompact.org/Issues/supply_chain