HP Inc.
NYSE : HPQ
2016 Information & Communications Technology
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Company Ranking
1 out of20 Companies
Company Score
SUMMARY
HP Inc. (HP) ranks first on the ICT benchmark report, demonstrating a higher degree of transparency on its approach to managing forced labor risks in its supply chain than its peers. HP also ranks first in the four thematic areas of commitment and governance, traceability and risk assessment, purchasing practices, and monitoring. Notably, the company discloses leading practices in the areas of commitments and governance, and traceability and risk assessment, receiving the maximum achievable score. Despite its stronger performance relative to its benchmark peers, there is an opportunity for HP to further strengthen its performance by disclosing evidence that it audits recruitment agencies used in its supply chain. Furthermore, it may consider improvements in the area of 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
The company's top-level commitments on forced labor, supply chain standards, management processes, training programs and stakeholder engagement
Awareness and Commitment | 100 / 100 |
Supply Chain Standards | 100 / 100 |
Management and Accountability | 100 / 100 |
Training | 100 / 100 |
Stakeholder Engagement | 100 / 100 |
Traceability and Risk Assessment
The extent to which the company traces its supply chain and conducts forced labor risk assessments, and discloses information about these processes.
Traceability and Supply Chain Transparency | / 100 |
Transparency | / 100 |
Purchasing Practices
The company's awareness and action on purchasing practices that can exacerbate forced labor risks, and its process for selecting suppliers, integrating standards into contracts and cascading them down the supply chain.
Purchasing Practices | 100 / 100 |
Supplier Selection | 50 / 100 |
Integration into Supplier Contracts | 100 / 100 |
Cascading Standards Through the Supply Chain | 100 / 100 |
Recruitment
Recruitment Approach | 75 / 100 |
Recruitment Fees | 50 / 100 |
Recruitment Audits | 0 / 100 |
Worker Voice
The extent to which the company proactively communicates with workers through the supply chain, enables freedom of association and ensures access to effective and trusted grievance mechanisms.
Communication of Policies | 25 / 100 |
Worker Voice | 0 / 100 |
Worker Empowerment | 0 / 100 |
Grievance Mechanism | 60 / 100 |
Monitoring
The company's process for auditing (including whether it includes non-scheduled visits, document review, worker interviews) and disclosure about the audit process and findings.
Auditing Process | 100 / 100 |
Auditing Disclosure | 60 / 100 |
Remedy
The extent to which the company has corrective action plans for non-compliant factories, as well as processes for remedying workers who are victims of forced labor, and reports on remedies provided.
Corrective Action Plans | 100 / 100 |
Remedy Programs | 50 / 100 |