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All India Mock for RBI Grade B Phase 1 (4th5th May 2023) Q1. The Reserve Bank of India (RBI) has shared details on Indias International Investment Position (IIP) at the end of December 2022. Pick
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How to fill out resilient and sustainable gvcs

How to fill out resilient and sustainable gvcs
01
To fill out resilient and sustainable gvcs, follow these steps:
02
Identify the main components of the gvcs and their interdependencies.
03
Assess the current level of resilience and sustainability in each component.
04
Analyze potential risks and vulnerabilities in the gvcs.
05
Develop strategies to enhance resilience and sustainability, considering environmental, social, and economic factors.
06
Implement the strategies by integrating sustainable practices, promoting circular economy, and reducing reliance on non-renewable resources.
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Regularly monitor and evaluate the performance of the gvcs to identify areas for improvement.
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Continuously update and adapt the strategies to address emerging challenges and changing circumstances.
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Collaborate with stakeholders, including suppliers, manufacturers, distributors, and consumers, to foster a shared commitment towards resilient and sustainable gvcs.
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Educate and raise awareness among workers, managers, and decision-makers about the importance of resilient and sustainable gvcs.
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Seek partnerships and collaborations with organizations and initiatives that promote sustainability in supply chains and gvcs.
Who needs resilient and sustainable gvcs?
01
Resilient and sustainable gvcs are needed by various stakeholders, including:
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- Businesses and corporations that aim to mitigate risks and ensure continuity in their supply chains.
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- Governments and policy-makers who seek to promote sustainable economic development and reduce the environmental footprint.
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- Consumers who demand products and services that are produced in an ethical and sustainable manner.
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- Local communities that depend on the livelihoods and economic opportunities generated by gvcs.
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- Environmental advocates and organizations that strive to protect ecosystems and natural resources.
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- Future generations who will inherit the consequences of unsustainable practices in gvcs.
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What is resilient and sustainable gvcs?
Resilient and sustainable GVCs (Global Value Chains) refer to supply chains that are designed to withstand disruptions while promoting environmental sustainability, social equity, and economic viability.
Who is required to file resilient and sustainable gvcs?
Companies and organizations involved in global value chains that meet specific criteria related to size, revenue, or environmental impact may be required to file resilient and sustainable GVC reports.
How to fill out resilient and sustainable gvcs?
To fill out resilient and sustainable GVCs, entities typically need to collect data on their supply chain practices, environmental impact, labor practices, and compliance with relevant regulations, often using a specified reporting framework.
What is the purpose of resilient and sustainable gvcs?
The purpose of resilient and sustainable GVCs is to ensure that supply chains can effectively respond to and recover from disruptions while minimizing negative impacts on the environment and society.
What information must be reported on resilient and sustainable gvcs?
Reported information may include supply chain mapping, sustainability metrics, risk assessments, social compliance checks, and measures taken to enhance resilience and sustainability.
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