ESG and the Girl Scouts

Let's talk about environmental social and governance (ESG) matters.

Recently, Girl Scouts of America found themselves in a bit of predicament. One of the young members of a troop identified that the girl scout cookies, that we all love and adore, had palm oil in them.

A little backstory, palm oil is widely used by multiple popular brands. However, when talking about third party supply chains, palm oil farms often use child labor as a way to save money by either not paying these children or lowering the wages.

You need to know what your third parties are doing from an ESG perspective because it can create reputational risk within your company. Many of the brands that use palm oil have been drilling down to make sure these acts are not happening.

So let me ask you, how well do you know your supply chains and do you truly know EXACTLY what's going on?