Hoya Corp. (Hoya), an electronic components manufacturer, ranks 30th out of 40 companies, disclosing less information on its forced labor policies and practices than its peers. It has some disclosures and practices on the themes of commitment and governance, purchasing practices, worker voice, monitoring, and remedy. Notably, the company discloses commitments to strengthen internal trainings, communicating its supplier code to suppliers, and integrating the code into supplier contracts. Additional steps the company could take to address forced labor risks in its supply chains include disclosing policies and practices on the themes of traceability and risk assessment, as well as recruitment. Further, the company may consider providing supplier training and engaging relevant stakeholders on forced labor.
30 of 40
OUT OF 100
Commitment and Governance
Traceability and Risk Assessment