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While supply chain risk and sustainability are the two greatest concerns in supply chain management today and are frequently intertwined, they are often viewed in isolation. Most of the existing literature on supply chain risk substantially ignores the impact that the buying firm and its activities have on external supply chain risk. This report argues that supply chain risk and sustainability should be addressed concurrently in strategic and operational plans. Boards can provide guidance, in their oversight role, to direct the consideration of supply chain risk and sustainability collectively, rather than as separate concerns.