Samsung Electronics Co. Ltd. (Samsung)
2022 Information & Communications Technology
Company Ranking5 out of
Samsung Electronics Co. Ltd. (Samsung) ranks joint 5th out of 60 companies. Since 2020, the company improved on the themes of Recruitment, Worker Voice and Remedy: disclosing additional information on how it ensures the prevention of recruitment fees charged to workers in its supply chains, involving suppliers’ workers in the evaluation of grievance hotlines, and further detail on its remedy process. However, the company did not demonstrate improvement across other themes. As such, its rank has dropped by 3 places since 2020.2 Notably, the company is the highest-scoring Asia-based company in the benchmark. The company is also one of only 4 companies to score on the theme of Purchasing Practices. KnowTheChain identified one allegation of forced labour in the company’s supply chains.3 The company has an opportunity to improve its performance and disclosure on the themes of Traceability & Risk Assessment, 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 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||83 / 100|
|Management and Accountability||67 / 100|
Traceability and Risk Assessment
|Traceability and Supply Chain Transparency||100/100|
|Risk Assessment||13 / 100|
|Data on Supply Chain Risks||25 / 100|
|Purchasing Practices||25 / 100|
|Recruitment Fees||60 / 100|
|Monitoring and Responsible Recruitment||25 / 100|
|Freedom of Association||0 / 100|
|Grievance Mechanism||75 / 100|
|Monitoring Process||35 / 100|
|Remedy Programs||40 / 100|
See the specific risks a company might be exposed to as we move further down a supply chain