Nokia to get tough on suppliers' sustainability
Source : Procurement Leaders
In its 2011 sustainability report mobile phone giant Nokia has said that it will be placing an increasing focus on supplier performance to add to the improvements it saw over the last year.
Nokia CEO Stephen Elop said "We entered 2012 in the heart of our transition, showing clear progress versus our strategy but operating in a fiercely competitive industry that is in constant flux.
H&M targets greater sourcing from troubled Bangladesh
Source : Procurement Leaders
Clothing retailer H&M has announced plans to source more goods from Bangladesh to take advantage of low labour costs, despite concerned about working conditions.
Approximately 25% of H&M’s goods are currently made in Bangladesh and while the retailer wants this level to increase, it has noted concerns over the social conditions there.