Company Ranking28 out of
LG Electronics Inc. (LG Electronics), a consumer electronics company, ranks joint 28th out of 60 companies. Since 2020, the company has improved by updating its supplier code such that worker-paid recruitment fees are prohibited, requiring that they are repaid to workers where they have been charged. The company’s score is based on its stronger performance on the theme of Commitment & Governance; however, it scores lower than average across all other themes. KnowTheChain identified one allegation of forced labour in the company’s supply chains. The company is encouraged to improve its performance and disclosure on the themes of Traceability & Risk Assessment, Purchasing Practices, and Remedy.
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 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||58 / 100|
|Management and Accountability||33 / 100|
Traceability and Risk Assessment
|Traceability and Supply Chain Transparency||50/100|
|Risk Assessment||0 / 100|
|Data on Supply Chain Risks||0 / 100|
|Purchasing Practices||0 / 100|
|Recruitment Fees||15 / 100|
|Monitoring and Responsible Recruitment||0 / 100|
|Freedom of Association||0 / 100|
|Grievance Mechanism||10 / 100|
|Monitoring Process||10 / 100|
|Remedy Programs||0 / 100|
See the specific risks a company might be exposed to as we move further down a supply chain