KnowTheChain Publishes Benchmark Methodology and Announces 20 ICT Companies to be Assessed
Earlier this year we announced our plan to conduct sector-level comparative benchmarking of corporate policies and practices to address forced labor in their supply chain. Today, we are publishing the methodology framework we developed to inform our benchmarking efforts. We are also announcing a list…
March 23, 2016
Earlier this year we announced our plan to conduct sector-level comparative benchmarking of corporate policies and practices to address forced labor in their supply chain. Today, we are publishing the methodology framework we developed to inform our benchmarking efforts. We are also announcing a list of the 20 companies we will be assessing in the information and communications technology (ICT) sector.
The process to benchmark 20 large companies in the ICT sector begins today, and the results will be published in June. This will be followed by sector benchmarks of the food & beverage and apparel sectors.
Our methodology framework was developed by the KnowTheChain partners, through consultation with experts in civil society, industry, and social investment. The framework covers seven themes: commitment and governance; traceability and risk assessment; purchasing practices; recruitment; worker voice; monitoring; and remedy.
ICT Sector Benchmark
The companies listed below will be part of the ICT sector benchmark. These companies were selected on the basis of their market capitalization and the extent to which their business consists of hardware manufacturing. Each company has been invited to provide answers to a set of engagement questions about their policies and practices in addressing forced labor risks in their supply chains. The responses received will be made available on the Business and Human Rights Resource Centre website. Information provided in these responses will be included in assessing the companies against the methodology, along with existing material available on the companies’ websites.
|Apple Inc.||United States|
|ASML Holding NV||Netherlands|
|BOE Technology Group Co.||China|
|Broadcom Limited||United States|
|Cisco Systems, Inc.||United States|
|Hon Hai Precision Industry Co., Ltd. (Foxconn)||Taiwan|
|HP Inc.||United States|
|Intel Corporation||United States|
|International Business Machines Corp.||United States|
|Microsoft Corporation||United States|
|Murata Manufacturing Co. Ltd.||Japan|
|QUALCOMM Incorporated||United States|
|Samsung Electronics Co. Ltd.||South Korea|
|SK Hynix, Inc.||South Korea|
|Taiwan Semiconductor Manufacturing Co. Ltd.||Taiwan|
|Texas Instruments Inc.||United States|