SCOPSIS, a leading provider of tracking and tracing solutions within the MENA region, announced today that it has joined the United Nations Global Compact to assist in tackling the problem of illicit trade. The company will work alongside other organizations and governments to promote transparency and security in global supply chains to reduce the sale of counterfeit goods and limit the rate of illicit trade.
According to the World Customs Organization, illicit trade is estimated to be worth up to $1.9 trillion per year and poses a serious threat to the global economy. SCOPSIS aims to use its expertise in the governmental sector and brand protection to support the United Nations Global Compact in its efforts to tackle this problem. The company views this as just the beginning, as it looks to innovate and use different methodologies to further address underlying issues to assist with the corporate sustainability initiative.
"We are proud to join the United Nations Global Compact and contribute to the fight against corruption and illicit trade. Our solutions have been proven to be effective in reducing the sale of counterfeit goods, but we recognize that this is just the beginning. We are committed to exploring new and innovative ways to tackle the fundamentals of the Global Compact, and we believe that by working together with the United Nations Global Compact, we can make a real difference."
- SCOPSIS VP, Mohamad Ali Ahmad
The United Nations Global Compact is a coalition of organizations, NGOs and governments committed to promoting sustainable development and achieving the United Nations' Sustainable Development Goals. SCOPSIS' membership will bring added expertise in tracking and tracing systems to the coalition and support its efforts to streamline global supply chain processes.
SCOPSIS is pleased to be welcomed into the coalition as we believe that our expertise in promoting supply chain transparency and anti-counterfeit techniques, along with the commitment to innovation, will increase the efforts in tackling numerous problems such as sustainability, human rights, and labor.
SCOPSIS' membership in the United Nations Global Impact is a testament to the company's commitment to promoting trust and security in the supply chain. As well as contributing to the greater cause and finding new and innovative solutions to tackle the global impact. The company believes that by working together, it can help to reduce the sale of counterfeit goods and promote a more sustainable and responsible global trade system.