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Get involved > Campaign > Won't the costs of regulation be passed on to suppliers, producers and consumers?
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Won't the costs of regulation be passed on to suppliers, producers and consumers?
Most costs are likely to come in the changes companies may have to make to their reporting and auditing systems. Rather than being passed to suppliers or consumers, we believe businesses should bear any additional costs. Plus there is strong evidence that the benefits to a company of monitoring its supply chains outweigh any costs.
In Traidcraft's experience a company that listens to its stakeholders is likely to secure loyalty, develop solid long-term relationships and lay firm foundations for future success.
The changes in Company Law that we campaigned for benefit shareholders by ensuring they have better information about their companies' operations and that the company has a long-term, sustainable future.
