Company Ranking45 out of
SK Hynix Inc. (SK Hynix), a semiconductor company supplying to companies such as Apple, Dell, and Hewlett Packard Enterprise, ranks 45th out of 60 companies. Since 2020, the company has shown limited improvement on the themes of Traceability & Risk Assessment and Worker Voice by disclosing discloses a list of smelters and locations in its supply chains, and the use of a formal grievance mechanism, which is available to workers and stakeholders. However, it performed poorly on 4 out of 7 themes, scoring zero on each. As such, the company’s score dropped by 5 points.iii The company is encouraged to improve its performance and disclosure on the themes of Traceability & Risk Assessment, Monitoring, 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||25 / 100|
|Management and Accountability||42 / 100|
Traceability and Risk Assessment
|Traceability and Supply Chain Transparency||33/100|
|Risk Assessment||0 / 100|
|Data on Supply Chain Risks||0 / 100|
|Purchasing Practices||0 / 100|
|Recruitment Fees||0 / 100|
|Monitoring and Responsible Recruitment||0 / 100|
|Freedom of Association||0 / 100|
|Grievance Mechanism||15 / 100|
|Monitoring Process||0 / 100|
|Remedy Programs||0 / 100|
See the specific risks a company might be exposed to as we move further down a supply chain