How does this research differ from other benchmarks and disclosure initiatives covering the same sectors?
There are a number of different benchmarks and disclosure initiatives which cover the same sectors. However, each of those benchmarks focuses on different or broader types of impacts companies are having through their products, services, and business relationships.
: Ranking Digital Rights is an initiative that measures ICT companies’ commitments and disclosed policies affecting users’ freedom of expression and privacy. Given the different focus of this initiative and the different risk exposures of companies in the ICT sector, there are currently only two companies which are covered by both benchmarks.
Food & Beverage
: Oxfam’s Behind the Brands Index focuses on the ten largest food and beverage companies globally, analyzing their agricultural sourcing policies, which also looks at respecting workers’ rights in the supply chain more broadly. The Access to Nutrition Index covers many of the same companies, but focuses on a different aspect: companies’ nutrition-related commitments, practices, and performance.
Apparel & footwear sector:
The Fashion Transparency Index ranks 100 of the biggest global fashion and apparel brands and retailers according to how much information they disclose about their suppliers, supply chain policies and practices, and social and environmental impact. It covers some of the same companies as KnowTheChain, but looks at broader working conditions as one of several issues, such as living wages, gender equality, fair trade, and environmental sustainability.
: The Corporate Human Rights Benchmark (CHRB) provides a comparative snapshot of the human rights performance of large global companies. It measures company policies, systems, processes, practices and responses to human rights risks and impacts. It looks at forced labor as a key risk for some industries, but does not focus on this exclusively. CHRB currently focuses on companies in the agricultural products, apparel, and extractive industries. The UN Guiding Principles Reporting Framework provides guidance for companies to report on how they respect human rights. The UN Guiding Principles Reporting Database currently includes analysis of human rights reporting against this framework for over 90 companies from eight sectors. The Workforce Disclosure Initiative gathers data on the workforces in operations and supply chain of companies across sectors.
For more information on the relationship between KnowTheChain, the Corporate Human Rights Benchmark, and the Workforce Disclosure Initiative, please click here.