KnowTheChain released its third benchmark on the Information and Communications Technology (ICT) sector, assessing the efforts of the 49 largest global companies to address forced labor risks in their supply chains. With an average score of 30/100, and more than three-quarters of companies scoring less...
KnowTheChain is a partnership between Humanity United, Business & Human Rights Resource Centre, Verité, and Sustainalytics. We are pleased to announce Felicitas Weber as the new Project Director of KnowTheChain. Felicitas Weber and her team at the Business & Human Rights Resource Centre have led...
This post originally appeared on Responsible Investor, read the original here. COVID-19 demonstrates the need to address ESG risks in supply chains By Felicitas Weber and Sonal Mahida The widespread impact of the coronavirus pandemic is revealing a significant vulnerability in corporate supply chains — the potential for...
At the start of 2020, KnowTheChain and the Investor Alliance for Human Rights are pleased to welcome the support of 135 investors representing a combined $5 trillion in assets under management. These investors recognize the urgent challenge of forced labor, how they may be exposed...
Timber is the fifth-largest product by value at risk of forced labor imported to the US yet research shows that companies in the forestry sector are failing to address risks of forced labor in their supply chains through their policies and processes. It is estimated that...
Construction is the second highest-risk sector for forced labor, following domestic work. While the construction sector is growing rapidly, currently employing 7% of the global workforce, research shows that construction companies’ policies and processes for addressing risks of forced labor do not keep the same...
We launched the first KnowTheChain benchmarks in 2016 amid an increase in expectations for companies to report on risks of forced labor in their supply chains. Our intention was to move focus away from legal compliance and instead shift action toward assessing the implementation of effective practices. With the...
At KnowTheChain we believe that companies and investors can be a powerful force in changing the conditions under which people work in their global supply chains. We also know that companies acting individually cannot eliminate a practice endemic to an entire industry. This week we were...
In early October, KnowTheChain will launch its 2018 Food and Beverage benchmark report, which evaluates 38 of the largest global food and beverage companies on their efforts to address forced labor in their supply chains. The companies covered in the benchmark represent a combined market...
Next week, KnowTheChain will publish its 2018 Information and Communications Technology (ICT) benchmark report, which evaluates 40 global ICT companies on their efforts to address forced labor in their supply chains. The companies covered in the benchmark represent the largest electronic hardware companies in the...