Company Ranking23 out of
Monster Beverage Corp. (Monster Beverage), a US energy drink company, ranks 23rd out of 43 companies, disclosing about the same amount of information on its forced labor policies and practices as its peers. Since 2018, the company’s score has improved by 22 points. This is because the company began disclosing a supplier code that includes the Employer Pays Principle, and prohibits forced labor and passport retention. It further began disclosing forced labor training for its procurement staff and suppliers, internal responsibility for its supplier code, board oversight over the code, and a grievance mechanism. The company scores higher than average on the themes of Commitment & Governance and Recruitment and lower than average on all other themes. The company has an opportunity to improve on the themes of Commitment & Governance, Purchasing Practices, 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||80 / 100|
|Management and Accountability||100 / 100|
|Training||45 / 100|
|Stakeholder Engagement||0 / 100|
Traceability and Risk Assessment
|Traceability and Supply Chain Transparency||0 / 100|
|Risk Assessment||50 / 100|
|Purchasing Practices||0 / 100|
|Supplier Selection||0 / 100|
|Integration into Supplier Contracts||15 / 100|
|Recruitment Approach||0 / 100|
|Recruitment Fees||75 / 100|
|Monitoring and Responsible Recruitment||0 / 100|
|Rights of Workers in Vulnerable Conditions||15 / 100|
|Freedom of Association||0 / 100|
|Worker Engagement||12.5 / 100|
|Grievance Mechanism||30 / 100|
|Monitoring Process||30 / 100|
|Monitoring Disclosure||20 / 100|
|Corrective Action Plans||50 / 100|
|Remedy Programs||0 / 100|