What is Supply Chain Transparency?
Supply Chain Transparency refers to the extent to which a company discloses information regarding the practices, partners, policies, and origins within its supply chain. This concept is fundamental to building trust with consumers, investors, and other stakeholders by allowing them to see the ethical and environmental impacts of the supply chain operations.
For supply chain traceability companies, achieving transparency means providing accessible, accurate, and timely information about the source, manufacturing conditions, and journey of products. This includes details on labour practices, environmental management, and corporate governance.
Related terms
Identities
Identities refer to the unique representation of individuals, organisations, devices, or software within a network or system. Digital identities can include a wide range of information, such as usernames, digital certificates, and cryptographic keys, used to authenticate and authorise entities in digital transactions and interactions.
Wood Products
Wood Products refer to a wide variety of goods derived from trees and forests, including lumber, plywood, paper, furniture, and other items made from wood fibres. These products are integral to numerous industries and everyday life, offering benefits such as carbon sequestration, renewable material, and versatility.
UK Environment Act
The UK Environment Act is landmark legislation designed to address various environmental issues within the United Kingdom, including air and water quality, waste management, and biodiversity restoration.