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Suppliers face more scrutiny as firms race to meet ESG targets
From left: Alliance for Science Executive Director Dr Sheila Ochugboju, Safaricom CEO Peter Ndegwa and Board chairman Adil Khawaja during the launch of Safaricom's Sustainable Business Report on October 5, 2023.
Suppliers of goods and services to large firms are facing increased scrutiny on their practices, including minimum wage and payment of taxes, pointing to the growing focus on environmental, social, and governance (ESG) compliance.
Many large firms, including those listed on the Nairobi Securities Exchange (NSE), are keen their ESG credentials amid pressure from investors and customers.
