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4 Crucial Commodities to Watch in 2023

Resilinc

Presently, The Democratic Republic of Congo (DRC) is the top producer of cobalt—making 71% of the world’s supply. This means in order to meet the growing demand, lithium production must increase from 737,000 metric tons to more than 3 million tons by 2030 ( Washington Post ). Clothing brands such as Levi Strauss & Co.,

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Unethical Supply Chains Cost More Than Dollars and Cents

QAD

Or, consider the recent 2021 case where fast fashion maker and retailer, Boohoo , lost over a ÂŁ1 billion in company value when it was uncovered that suppliers were paying less than minimum wage. Automakers are increasingly instituting objectives to boost the number of suppliers that meet defined social and environment standards.