In 2018 we have expanded our benchmarking efforts to cover more than 120 companies, double that of 2016. This expanded list of companies has been benchmarked using an updated methodology for each sector. Links to the old and new methodologies are shown below:
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Each methodology takes into consideration sector-specific nuances that relate to forced labor and assesses how companies address forced labor risks in their supply chains.
Why was the methodology updated?
KnowTheChain updated its methodology in order to apply lessons learned from its 2016 benchmarks and from stakeholder feedback, including input from investors, civil society partners, industry and multi stakeholder initiatives, and the companies benchmarked in 2016. The updates are intended to ensure alignment with evolving frameworks, benchmarks, and guidance in each of the sectors. This review process was in part intended to strengthen the benchmarking and focus on performance, in addition to policies and processes.
In 2018 KnowTheChain incorporated retailers into its analysis. Retailers have responsibility for their products across their supply chains and have been evaluated using information that is supply chain-specific and that applies to the company regardless of the sector.