The COVID-19 outbreak has fundamentally changed the way businesses around the world operate. Even as the world begins to take tentative steps out of lockdown, the impact of socially distanced workplaces, enforced home working and furlough schemes is likely to be felt for months, if not years, to come.
The pandemic has also had a profound effect on how businesses are judged. Companies have been subjected to intense scrutiny over their response to the virus, and what they have – or haven’t – done to protect their employees, suppliers and customers. Although we may see firms placing a renewed emphasis on corporate responsibility, in many ways COVID-19 has thrown into stark relief a range of pre-existing trends when it comes to supply chain transparency and ethics.
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