Kai Foerstl

Managing Supplier Sustainability Risks

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Managing supplier sustainability risks in a dynamically changing environment—Sustainable supplier management in the chemical industry

For many years sustainability risks have been largely neglected. Reputational damages caused by incidents like the Brent Spar platform can reach tens of millions of dollars. But in a supply chain context companies are not only held responsible for their own actions but also for the actions of their suppliers.

In their 2010 paper Foerstl et al. analyze supplier sustainability risk and develop and test a framework for its mitigation.

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