More than 160 food firms sign up to supply chain fairness initiative
Signatories to the Supply Chain Initiative (SCI), which was set up by seven European food industry institutions, commit themselves to fair trading practices and measures aimed at integrating the principles of good practice into their company's day-to-day operations.
According to an SCI survey 32 per cent of respondents said they had already perceived an improvement in trading practices since signing up.
Signatories pledge to undertake training to ensure compliance with SCI principles and agree to participate in the dispute resolution options available under the framework rather than engage in commercial retaliation.
The SCI signatories have nearly 900 subsidiaries operating across the EU.
Some 39 per cent of respondents said that they had used the SCI’s e-learning module. Meanwhile 74 per cent of survey respondents said they communicated their registration to their business partners. Almost three quarters said they were satisfied with the system. Of these, 35 per cent said they were very satisfied.
The SCI warned in a report that the 22 companies that did not take part in the survey were in breach of their commitment and said if they did not formally explain why they had not responded they could be expelled from the initiative.