Home / Other / Climate Change and Environment / JAK ESKİNAZİ: GLOBAL SUPPLY CHAINS TO BE RESTRUCTURED


Press release…

Supply chains are changing to include a new set of laws on the prevention of child labour, human rights, the environment and protection of nature.

According to Jak Eskinazi, Coordinator Chairman of Aegean Exporters’ Associations, fair trade in the global supply chain will be decisive for the welfare of the society, sustainable development, the development of the country and the fight against the climate crisis.

“According to the Global Risks Report presented before the World Economic Forum, five of the top 10 risks that will threaten the world in the next 10 years are climate crisis and environmental risks,” said Jak Eskinazi.

Stating that topics such as the environment and climate crisis, sustainable development and human rights were discussed in Davos for four days, Eskinazi noted, “Now it is time to change the order and improve conditions. As Klaus Schwab, the founder of the World Economic Forum, said; ‘A better economy is possible, but we must revive capitalism in our dreams.’ So if we are a part of the problem, we should be a part of the solution.”

Eskinazi explained, “Necessary measures should be taken urgently, especially in sectors that cause the highest carbon emissions. Many countries have begun to take concrete steps in their supply chains in line with their sustainable development strategies. According to these regulations, companies will now have to adhere to human rights and ecological standards in the upcoming period.”

Transition to a low carbon economy…

“According to the ‘Measure Against Child Labour’ law, which will come into force in 2022 in the Netherlands, any product that uses child labour at any point in the supply chain will not enter the country. Similar measures are valid in France, England and Australia. Sweden will also impose an additional tax on the use of chemicals instead of recycled materials in ready-to-wear clothing from next year. The new supply chain law is also on the agenda in Germany, our most important trade partner,” added Eskinazi.

“In addition, Joe Biden, the new president of the United States, aims to decarbonize the country’s electricity generation system in 15 years and lay the foundation for a net zero emission economy by 2050. He promises a huge budget of $ 2 trillion for the transition to renewable energy. China, which is a major carbon dioxide producer and responsible for 28 percent of global carbon emissions, aims to reduce its carbon emissions to zero by 2060. Even the pandemic we have been fighting for almost a year, underlies such rapid spread of uneven climatic conditions,” Eskinazi concluded…

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