What is the ultimate aim of 'ethical sourcing' in supply chain management?

The ultimate aim of 'ethical sourcing' in supply chain management is to ensure that products and services are procured in a way that respects human rights, protects the environment, and promotes fair labor practices throughout the entire supply chain. This goes beyond simply complying with legal requirements and involves actively seeking out suppliers who adhere to high ethical standards and are committed to social and environmental responsibility. Ethical sourcing aims to eliminate practices such as forced labor, child labor, unsafe working conditions, and environmental degradation from the supply chain. It also seeks to promote fair wages, worker empowerment, and sustainable resource management. By implementing ethical sourcing practices, organizations can enhance their reputation, build trust with stakeholders, and contribute to a more just and sustainable global economy.