Allen Whitley
- All 7 Best Practices
- Pre-Meeting Discovery Process
- One-on-One Call with Expert
- Meeting Summary Report
- Post-Meeting Engagement
Triple-Bottom-Line Sustainability Frameworks for Corporations
Defined Terms
- California Transparency in Supply Chains Act
The California Transparency in Supply Chains Act (SB 657), which took effect in 2012, requires certain manufacturers and retailers that do business in that state to publicly disclose what specific actions, if any, they’ve taken to eliminate slavery and human trafficking from their product supply chains. (Source: Moss Adams Manufacturing: Achieving the Triple Bottom Line; by Gerardo Godinez, Senior Manager, Manufacturing & Distribution Group.)
- Conflict Minerals Provision
The conflict minerals provision (Section 1502) of the Dodd-Frank Act was adopted in August 2012 by the SEC. This rule will require companies to disclose whether their products contain certain minerals sourced from the Democratic Republic of Congo and neighboring countries.
While this may seem at the surface like a relatively isolated provision affecting few companies, it will impact many companies in the manufacturing industry, particularly those in the electronics, automotive, equipment, aerospace, jewelry, and medical device sectors. Indeed, the SEC estimates that potentially half of all publicly traded companies would be affected, not to mention their suppliers. (Source: Moss Adams Manufacturing: Achieving the Triple Bottom Line by Gerardo Godinez, Senior Manager, Manufacturing & Distribution Group.)
- CSR - Corporate Social Responsibility
Corporate Social Responsibility
- Stakeholders
The full range of individuals and entities affected by an organization's operations.
- Supply chain
The systems that transfer products and/or services from the supplier to the customer.
- Sustainability
Generally, the capacity to endure. For organizations, it's usually defined as having three fundamental pillars: people, planet and prosperity; or environmental, social and economic.
- Zero waste
Percent of waste reused or recycled exceeds approximately 95 percent.