Keyence Corp. (Keyence) is an electronics components company. It ranks 35th out of 40 companies, disclosing less information on its forced labor policies and practices than its peers across all themes. Since 2016, its score has improved from zero to seven and it no longer ranks at the bottom of the benchmark. This is because the company has disclosed a board-approved statement under the UK Modern Slavery Act and procurement guidelines for suppliers that reference forced labor, child labor and discrimination, and has disclosed that forced labor provisions are integrated in its supplier contracts. The company has an opportunity to improve by assessing forced labor risks across its supply chains, and by improving its performance and disclosure on the themes of recruitment and monitoring.
35 of 40
OUT OF 100
Commitment and Governance
Traceability and Risk Assessment