The World Economic Forum & Nike: Emerging 'shared responsibility' & institutional control models for achieving a socially responsible global supply chain?
"The World Economic Forum & Nike: Emerging ‘Shared Responsibility’ & Institutional Control Models for Achieving a Socially Responsible Global Supply Chain?," 15 April 2016
The Rana Plaza fire...in Bangladesh on 24 April 2013 has galvanized international attention on factory conditions in the global supply chain.
... This note describes two distinct emerging approaches to the socially responsible global supply chain. The World Economic Forum (WEF) has recently advocated a ‘shared responsibility’ approach that attempts, among other things, to coordinate industry initiatives and costs of compliance with local governments and other international actors. By contrast, Nike has opted for a strategy that emphasizes individual company responsibility and sourcing in countries and factories where it can control and, if necessary, remediate factory conditions.