Ethical companies pay their suppliers promptly

Eradicating late payments at the top will lead to reducing labour exploitation and poverty on the ground

By paying suppliers promptly, businesses can help to ensure that vulnerable workers at the ends of their supply chains are less exposed to exploitative practices by their employers. Higher up the chain, it enables living wages to be paid promptly and regularly, and better financial planning. The wins are obvious - greater supply chain resilience and happier customers, who are now demanding for proof of ethical and sustainable sourcing of what goes into their shopping baskets. 

Remember:

• The data you need to get started is already openly available
• TISCreport brings it all together in one platform to help buyers and suppliers make better decisions
• Good decisions lead to greater social impact.
  
  It's part of the "S" in your "ESG" and you can take action about it now!