Fast Retailing
TKS : 9983
2020-2021 Apparel & Footwear
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Company Ranking
12 out of37 Companies
Company Score
SUMMARY
Fast Retailing Co. Ltd. (Fast Retailing), most well known for its subsidiary Uniqlo, is Asia’s largest apparel retailer and the second largest globally.[i] It ranks 12th out of 37 companies, disclosing more information on its forced labor policies and practices than its peers on all themes except Recruitment. Compared to 2018, Fast Retailing improved its score by nine points. It began disclosing detail on training, engagements on migrant worker rights, improved supply chain transparency, details on its risk assessment and grievance mechanism, a process for responding to complaints, and examples of remedy outcomes for workers. Notably, it is among those achieving the highest scores on the theme of Remedy. The company is also the highest-scoring Asian company in the benchmark. Fast Retailing states that none of its Uniqlo products are manufactured in Xinjiang and that no Uniqlo supplier subcontracts to a fabric or spinning mill in the region. However, it does not disclose the steps it has taken to address the risks of alleged Uyghur forced labor across its supply chain tiers. Fast Retailing has an opportunity to improve on the themes of Traceability & Risk Assessment, Recruitment, and Worker Voice.
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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
Commitment | 100 / 100 |
Supplier Code of Conduct | 70 / 100 |
Management and Accountability | 75 / 100 |
Training | 45 / 100 |
Stakeholder Engagement | 75 / 100 |
Traceability and Risk Assessment
Traceability and Supply Chain Transparency | 37.5 / 100 |
Risk Assessment | 50 / 100 |
Purchasing Practices
Purchasing Practices | 50 / 100 |
Supplier Selection | 75 / 100 |
Integration into Supplier Contracts | 15 / 100 |
Recruitment
Recruitment Approach | 0 / 100 |
Recruitment Fees | 0 / 100 |
Monitoring and Responsible Recruitment | 50 / 100 |
Rights of Workers in Vulnerable Conditions | 15 / 100 |
Worker Voice
Freedom of Association | 25 / 100 |
Worker Engagement | 25 / 100 |
Grievance Mechanism | 80 / 100 |
Monitoring
Monitoring Process | 90 / 100 |
Monitoring Disclosure | 30 / 100 |
Remedy
Corrective Action Plans | 100 / 100 |
Remedy Programs | 62.5 / 100 |