Asked by Cleo E. Rodriguez on Jul 27, 2024

verifed

Verified

Most large organizations use formal supplier codes of conduct to set social sustainability standards and expectations for their suppliers.

Supplier Codes

Unique identifiers assigned to vendors that allow companies to manage and track transactions and orders more efficiently.

Social Sustainability

The ability of a society to develop processes and structures which not only meet the needs of its current members but also support the ability of future generations to maintain a healthy community.

  • Recognize the importance of certifications and formal standards in improving social and environmental sustainability.
verifed

Verified Answer

NF
Natasha FloresJul 31, 2024
Final Answer :
True
Explanation :
This statement is true. Many large organizations have formal supplier codes of conduct that outline social sustainability expectations for their suppliers. These codes often include requirements related to labor practices, environmental standards, ethical business conduct, and human rights. Suppliers are typically required to comply with these codes in order to continue doing business with the organization.