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DISC Consultation on Year 12 Course Incentives
Discussion Paper Version 2
August 2024Contents
Contents .........................................................................................................................................
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What is transparency in supply chain?
Transparency in supply chain refers to the ability to track and disclose information regarding the origins, processes, and movements of products and materials throughout the entire supply chain, ensuring visibility and accountability.
Who is required to file transparency in supply chain?
Companies that meet certain thresholds, such as revenue or number of employees, particularly those in specific industries like retail and manufacturing, are typically required to file transparency in supply chain reports.
How to fill out transparency in supply chain?
To fill out transparency in supply chain reports, companies must gather data regarding their suppliers, production processes, materials used, and compliance with regulations, then compile this information into a structured report format as per regulatory requirements.
What is the purpose of transparency in supply chain?
The purpose of transparency in supply chain is to enhance accountability, promote ethical practices, reduce risks related to labor and environmental issues, and foster consumer trust by providing clear information about product sourcing and manufacturing.
What information must be reported on transparency in supply chain?
Companies must report information related to their supply chain practices, labor standards, environmental impacts, supplier compliance, risk assessments, and efforts to mitigate risks and enhance sustainability.
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