China Plus One Alternatives
Michelle Adams
Created on August 24, 2023
Here are several alternative countries companies can turn to as part of diversifying their manufacturing base from China.
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Transcript
Improved Financial Performance
Over time, businesses see cost savings from their ESG efforts, from streamlining processes to reducing resource consumption and costs.
Customer Loyalty
Surveys show that 77% of consumers are motivated to purchase from companies committed to making the world better.
Attracting Investors
ESG compliance attracts socially responsible investors, leading to increased funding and better access to capital.
Risk Management
ESG compliance allows businesses to plan around supply chain disruptions, workforce issues, changes in consumer preference, and more.
Innovation
ESG compliance encourages innovating as companies work to develop sustainable products, tech, and operational practices.
BENEFITS OF ESG COMPLIANCE