Tag: global supply chain

Governments around the world ramp up the ESG requirements for global supply chains

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Barcelona, January 9, 2023.- According to the Logistics Manager magazine, a new law that is being enforced from the beginning of 2023 means that German companies will now face fines of up to 2% of their global turnover if they fail to provide a comprehensive account of the environmental, social, and governance (ESG) frameworks in place in their supply chains, including details of what is being done to prevent human rights abuses and protect the environment.

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Coronavirus: Does China, the world’s factory, paralyze the global supply chain?

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Barcelona, March 5, 2020.– Breaks of stock of certain merchandise are already being registered in some western countries. The vast majority of Chinese transport modes are closed, so there is damage to the global supply chain, due to the expansion of the Coronavirus, originating in China, considered the world’s factory. In fact, the OECD has forecast declines in GDP growth in several countries in the coming months, and the first losses are estimated at $ 200 billion. In this sense, we highlight an analysis of the Logistics Management magazine with a very early approach to the effect on the logistics sector:

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