Many of us remember the 1990s as a time of unbridled optimism. The decade opened on the tail-end of the Cold War, with liberal democracy and free markets seemingly poised to take over the world.
An era of unprecedented global peace and prosperity seemed within reach, and some even heralded the ‘end of history'. Empowered by intergovernmental and international non-governmental organisations, several forward-looking multinationals implemented good governance policies and voluntarily started disclosing environmental- and social-related risks of their supply chains. Investors losing interest in ESG impact of their investments In return, a growing number of consumers began to actively look for products that were certifiably manufactured in a sustainable, environmentally-friendl...
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