Panasonic Corp.
TKS : 6752
2020-2021 Information & Communications Technology
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Company Ranking
38 out of49 Companies
Company Score
SUMMARY
Panasonic Corp. (Panasonic), a consumer electronics company based in Japan, ranks 38th out of 49 companies, disclosing less information on its forced labor policies and practices than its peers on all themes except Purchasing Practices. The company discloses relevant information on all themes except Traceability and Risk Assessment. Notably, the company achieves the highest score on the Purchasing Practices theme among Japanese companies included in the benchmark. KnowTheChain identified three allegations of forced labor in the company’s supply chains. The company discloses that it started investigations into two of the allegations. However, the company does not disclose engagement with affected stakeholders nor remedy outcomes for workers in its supply chains. The company is encouraged to improve its performance and disclosure on the themes of Commitment & Governance, Traceability & Risk Assessment, and Remedy.
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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
Commitment | 100 / 100 |
Supplier Code of Conduct | 60 / 100 |
Management and Accountability | 0 / 100 |
Training | 15 / 100 |
Stakeholder Engagement | 0 / 100 |
Traceability and Risk Assessment
Traceability and Supply Chain Transparency | 0 / 100 |
Risk Assessment | 0 / 100 |
Purchasing Practices
Purchasing Practices | 12.5 / 100 |
Supplier Selection | 50 / 100 |
Integration into Supplier Contracts | 15 / 100 |
Recruitment
Recruitment Approach | 0 / 100 |
Recruitment Fees | 25 / 100 |
Monitoring and Responsible Recruitment | 0 / 100 |
Rights of Workers in Vulnerable Conditions | 30 / 100 |
Worker Voice
Freedom of Association | 0 / 100 |
Worker Engagement | 12.5 / 100 |
Grievance Mechanism | 10 / 100 |
Monitoring
Monitoring Process | 10 / 100 |
Monitoring Disclosure | 0 / 100 |
Remedy
Corrective Action Plans | 12.5 / 100 |
Remedy Programs | 0 / 100 |
Suppliers
SUPPLIER DATA
See the specific risks a company might be exposed to as we move further down a supply chain