Company Ranking42 out of
Microchip Technology Inc. (Microchip), a semiconductor manufacturer that supplies to companies such as Apple, ranks 42nd out of 49 companies and discloses significantly less information on its forced labor policies and practices than its peers. Compared to 2018, the company improved its score from seven to nine points by disclosing that it has become a member of the Responsible Business Alliance, a multi-stakeholder initiative that includes a focus on eradicating forced labor. The company’s score is based on its disclosure of a commitment to address forced labor, traceability information related to smelters and refiners in its supply chains, and limited disclosure on the theme of Purchasing Practices. The company is encouraged to improve its performance and disclosure on the themes of Commitment and Governance, 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||0 / 100|
|Management and Accountability||0 / 100|
|Training||0 / 100|
|Stakeholder Engagement||25 / 100|
Traceability and Risk Assessment
|Traceability and Supply Chain Transparency||50 / 100|
|Risk Assessment||0 / 100|
|Purchasing Practices||12.5 / 100|
|Supplier Selection||0 / 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||0 / 100|
|Monitoring Process||10 / 100|
|Monitoring Disclosure||0 / 100|
|Corrective Action Plans||0 / 100|
|Remedy Programs||0 / 100|