Company Ranking38 out of
Hoya Corp. (Hoya), an electronic components manufacturer, ranks 38th out of 49 companies and discloses less information on its forced labor policies and practices than its peers. Since 2018, the company has improved by disclosing a supplier selection process that covers forced labor and integrates forced labor provisions into supplier contracts. The company scores slightly higher than average on the theme of Purchasing Practices, but lower than average on all other themes. Compared to 2018, the company’s overall score decreased by one point, as it did not improve its performance and disclosure across themes. The company is encouraged to improve on the themes of Commitment and Governance, Traceability and Risk Assessment, and Recruitment.
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||60 / 100|
|Management and Accountability||25 / 100|
|Training||30 / 100|
|Stakeholder Engagement||0 / 100|
Traceability and Risk Assessment
|Traceability and Supply Chain Transparency||0 / 100|
|Risk Assessment||0 / 100|
|Purchasing Practices||0 / 100|
|Supplier Selection||50 / 100|
|Integration into Supplier Contracts||15 / 100|
|Recruitment Approach||0 / 100|
|Recruitment Fees||0 / 100|
|Monitoring and Responsible Recruitment||0 / 100|
|Rights of Workers in Vulnerable Conditions||0 / 100|
|Freedom of Association||0 / 100|
|Worker Engagement||0 / 100|
|Grievance Mechanism||20 / 100|
|Monitoring Process||10 / 100|
|Monitoring Disclosure||0 / 100|
|Corrective Action Plans||0 / 100|
|Remedy Programs||25 / 100|