Company Ranking10 out of
Best Buy Co. Inc. (Best Buy), a US-based electronics retailer, ranks tenth out of 49 companies, disclosing more information on its forced labor policies and practices than its peers across all themes, including its larger competitors Amazon and Walmart. The company’s score is based on its good performance on the themes of Commitment & Governance, Monitoring, and in particular, Traceability & Risk Assessment, where it achieved the highest score. Additional steps the company could take to address forced labor risks in its supply chains include strengthening its disclosure and practices on the themes of Purchasing Practices, Recruitment, and Worker Voice.
HOW DO THEY COMPARE?
The comparison tool allows companies' results to be easily compared. Up to two additional companies can be selected and compare against each other as shown below.
THEME & indicator score
The benchmark methodology has seven themes, selected to capture the key areas where companies need to take action to eradicate forced labor from their supply chains. There are a total of 22 indicators accross the seven themes. For each themes, a company can score a total of 100 points.
Commitment and Governance
|Commitment||100 / 100|
|Supplier Code of Conduct||90 / 100|
|Management and Accountability||75 / 100|
|Training||60 / 100|
|Stakeholder Engagement||50 / 100|
Traceability and Risk Assessment
|Traceability and Supply Chain Transparency||87.5 / 100|
|Risk Assessment||100 / 100|
|Purchasing Practices||25 / 100|
|Supplier Selection||50 / 100|
|Integration into Supplier Contracts||30 / 100|
|Recruitment Approach||0 / 100|
|Recruitment Fees||100 / 100|
|Monitoring and Responsible Recruitment||0 / 100|
|Rights of Workers in Vulnerable Conditions||30 / 100|
|Freedom of Association||0 / 100|
|Worker Engagement||25 / 100|
|Grievance Mechanism||20 / 100|
|Monitoring Process||70 / 100|
|Monitoring Disclosure||60 / 100|
|Corrective Action Plans||75 / 100|
|Remedy Programs||25 / 100|