Sustainable supply chains
When an item of clothing is sold today either in Germany or any of the other G20 nations, it has already gone through a long and complex production and supply chain. Since so many companies in so many different countries are involved in the production process, it has become hard to trace back these supply chains. That makes it difficult to be sure that the labour, environmental and health standards that we take for granted in Germany have been observed.
During its G20 Presidency, Germany will be urging businesses to make their supply chains sustainable and ensuring that the right conditions for that are in place. One aim is to expand the range of financial products available to small and medium-sized enterprises in developing countries so that they will be able to survive over the long term within sustainable value chains. Since the G20 states account for more than 80 per cent of global economic output, they can be a key driving force in the development of sustainable supply chains.