Assessing and Managing Environmental and Social Risks in an Agro-Commodity Supply Chain : Good Practice Handbook
Supply chain risk has become a major area of concern for companies in the agribusiness sector, as well as for their customers, financiers, and external stakeholders. The threats that environmental and social (E and S) risks pose to brand values and...
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| Format: | Handbook |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2014
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| Online Access: | http://documents.worldbank.org/curated/en/2014/01/19342360/good-practice-handbook-assessing-managing-environmental-social-risks-agro-commodity-supply-chain http://hdl.handle.net/10986/17841 |
| Summary: | Supply chain risk has become a major
area of concern for companies in the agribusiness sector, as
well as for their customers, financiers, and external
stakeholders. The threats that environmental and social (E
and S) risks pose to brand values and product quality are
making those risks more material, often reaching thresholds
of major importance to the core business of agriculture and
food companies. This good practice handbook is intended for
those agro-commodity companies that want to better manage
supply chain E and S risks. Agro-commodity supply chains
often stretch over multiple supplier companies and multiple
countries. Through its eight performance standards on E and
S sustainability, the International Finance Corporation
(IFC) requires its clients to identify, avoid, mitigate, and
manage E and S risks and impacts as a way of conducting
sustainable business. IFC recognizes that there is a broader
range of significant E and S risks in agro commodity supply
chains beyond these four core areas, and the approach set
out in this handbook can be applied beyond these areas. The
handbook focuses on five major agro-commodity supply chains-
palm oil, soy, sugarcane, cocoa, and coffee however, many of
the tools, resources, and case studies can be used as
guidance for other agro-commodities. |
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