The partnership between Licensing International and the Ethical Supply Chain Program will support the licensing industry in achieving its ESG objectives.
Carmel Giblin
Licensing International, a leading trade association for the global brand licensing industry, has named the Ethical Supply Chain Program (ESCP) as its preferred social compliance partner.
The Ethical Supply Chain Program facilitates communication, certification and cooperation between manufacturers, suppliers, licensors and retailers worldwide. Through the newly formed partnership, more than 1,200 members of Licensing International will now have access to resources and programmes to support their ESG compliance journey and ensure they are adhering to the highest ethical standards.
Programmes available to members include ESCP’s Social Impact Assessment. The online assessment enables licensors to verify the maturity of a company’s social compliance systems and ensure that anyone making products using its intellectual property is doing so in a responsible way. Similarly, licensees can use this efficient and scalable tool to demonstrate to business partners that they are operating ethically.
Maura Regan
Carmel Giblin, president and CEO of the Ethical Supply Chain Program, said: ‘‘I am delighted to formalise our partnership with Licensing International and look forward to exploring how we can support its members and help them to navigate evolving challenges related to social and environmental compliance. This is particularly important at a time when global regulations are increasing. The European Council’s Corporate Sustainability Due Diligence Directive and the new German Supply Chain Due Diligence Act are just two such initiatives. While the ambition of these initiatives should be welcomed, with any new regulation it’s important that organisations have the necessary tools and resources to ensure they are able to comply effectively.’’
Maura Regan, president of Licensing International, said: “We are thrilled to name the Ethical Supply Chain Program as Licensing International’s preferred social compliance partner. Consumer demand for ethical and sustainable practices continues to grow and, with new regulations launching around the world, we are working to provide our members with the resources they need to continue to grow while meeting these demands. We look forward to working with ESCP to launch new content and programming in support of the global brand licensing industry.”
The Ethical Supply Chain Program will be attending Licensing Expo, taking place in Las Vegas, NV between 21st – 23rd May, and is inviting members of the global licensing community to meet with the team to learn more.
