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What is Accountability?

Accountability in a business context refers to the principle that individuals and organisations are responsible for their actions and decisions and must be able to account for them to stakeholders. It involves transparency, ethical behaviour, and a commitment to reporting and explaining outcomes.

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Related terms

Risk Assessment in Supply Chain

Risk Assessment in Supply Chain is the process of identifying, analysing, and managing the potential risks and vulnerabilities within a supply chain that could disrupt operations, impact profitability, or harm the reputation of the business.

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Sustainability

Sustainability in the context of supply chain management refers to the development and implementation of environmentally responsible and socially equitable business practices throughout the supply chain. It aims at meeting the needs of the present without compromising the ability of future generations to meet their own needs.

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Deforestation Legislation

Deforestation Legislation encompasses the body of laws enacted by governments to control, limit, or entirely prevent deforestation globally.

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