ASICS Corp.
TKS : 7936
2022 Apparel & Footwear
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Company Ranking
12 out of65 Companies
Company Score
SUMMARY
Asics Corp. (Asics), one of the ten biggest sportswear brands in the world, ranks 12th out of 65 companies. Compared to 2021, the company improved its rank by 4 places. This is because the company began disclosing board oversight of its supplier code of conduct prohibiting forced labour, information on purchasing practices including forecasting times and production capacity, wage calculation and payment terms, stronger detail on its human rights risk assessment, and newly disclosed remedy outcomes for suppliers’ workers. Notably, the company has the joint highest score on the theme of Purchasing Practices and is the second-highest scoring Japanese company in the benchmark. KnowTheChain identified one allegation in the company’s supply chains, related to alleged Uyghur forced labour. The company denies the links to the suppliers in question and states it has confirmed with its supplier where the cotton used in its products was sourced. However, the company does not disclose the steps it has taken to address the risks of alleged Uyghur forced labor across raw materials and supply chain tiers. The company has an opportunity to improve its performance and disclosure on the themes of Recruitment, Worker Voice, and Monitoring.
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SCORE HISTORY
THEME & indicator score
The benchmark methodology has seven themes, selected to capture the key areas where companies need to take action to eradicate forced labour from their supply chains. The themes are comprised of a total of 12 key indicators. For each indicator, a company can score a total of 100 points.
Commitment and Governance
Supplier Code of Conduct and Capacity Building | 75 / 100 |
Management and Accountability | 67 / 100 |
Traceability and Risk Assessment
Traceability and Supply Chain Transparency | 59/100 |
Risk Assessment | 38 / 100 |
Data on Supply Chain Risks | 67 / 100 |
Purchasing Practices
Purchasing Practices | 59 / 100 |
Recruitment
Recruitment Fees | 15 / 100 |
Monitoring and Responsible Recruitment | 0 / 100 |
Worker Voice
Freedom of Association | 34 / 100 |
Grievance Mechanism | 30 / 100 |
Monitoring
Monitoring Process | 10 / 100 |
Remedy
Remedy Programs | 26 / 100 |