PSCI 2019 Annual Report

PSCI 2019 Annual Report

Document
27 Apr 2020

We are very pleased to announce that the PSCI 2019 Annual Report is now available, summarising our collective efforts towards responsible supply chains during 2019.

Key developments in 2019 include:

  • Growth in membership, with today over 40 member companies.
  • Hundreds of audits completed to PSCI standards now available to members on our new community platform The Link, alongside valuable resources, news, and training materials.
  • Unprecedented levels of supplier engagement through two large-scale supplier conferences in Hangzhou (China) and Hyderabad (India), reaching 400 supplier delegates.
  • New Partnerships Committee focused on intensifying our relationship with our Indian and Chinese partners.
  • Expansion of our expert advisory panel, now composed of eight external experts who challenge and advise the Board.
  • Measured improvement in PSCI member companies’ public reporting of supply chain data and commitment to PSCI’s Principles.

In 2020, much of business will be operating in a changed environment. It remains to be seen exactly how this will affect the industry and our supply chain practices. Our focus on efficient sharing of audits and virtually-enabled capability building activities is even more important in the wake of Covid-19. Whatever changes arise from this crisis, responsible supply chain practices will be central to our industry’s response.

We welcome comments and encourage you to share this report with your networks.