WRAP, TEDD make platform for human rights risk in global supply chains

The two entities will work towards streamlining human rights due diligence in apparel and textiles manufacturing.

In the face of evolving human rights legislation and increasing calls for responsible business practices from consumers, stakeholders, and the investor community, all organisations stand to benefit from strategic due diligence focusing on environmental issues and governance. Coupled with a growing global demand for transparency in manufacturing and sourcing, these cultural shifts are fostering industry-wide change, setting new standards for responsible business practices and underscoring the value of social compliance, they said in a joint media release.

“Companies with global supply chains will tremendously benefit from the complementarity of services offered by TEDD and WRAP,” said Christian Ewert, TEDD director at VECTRA International. “This partnership provides for a seamless comprehensive service portfolio covering all aspects of risk assessment, risk prioritising, and risk monitoring.”

“Businesses around the world are increasingly coming to realise how critical it is for them to conduct due diligence effectively and efficiently and they are recognising the value of expert resources in this regard,” said Avedis Seferian, president and CEO of WRAP. “This partnership between WRAP and TEDD will enable companies to draw upon the collective strength of two global players with a deep understanding of the challenges modern supply chains present.”

Fibre2Fashion News Desk (SF)