2021 Apparel & Footwear Sector Investor Brief
Forced labor risks in apparel & footwear supply chains: Learn what risks investors are exposed to and how investors can address forced labor risks in their portfolios.
HOW WE WORK WITH YOU
We provide investors with the evidence to inspire action and the tools necessary to do so. We do this through our signature benchmark reports that highlight targets for investors and supplemental investor materials with concrete steps investors can take to engage with companies on the issue of forced labor.
The KnowTheChain Investor Statement is signed by more than 160 investors with over US$6 trillion assets under management and can be used as a tool for engagement with companies. Statement signatories receive regular updates on the latest news, tools, and investor engagements addressing forced labor. The Investor Alliance for Human Rights and KnowTheChain invite additional investors to sign the statement to demonstrate commitment to addressing forced labor.
Details on the investor engagement with apparel companies on forced labor, led by the Interfaith Centre for Corporate Responsibility and supported by Principles for Responsible Investment and KnowTheChain, can be found here. Learn more about how investors have been using the KnowTheChain benchmarks here.
Find resources designed to help investors understand and reduce forced labor risks and improve labor practices of portfolio companies.
Forced Labor Risks in Food & Beverage Supply Chains: What Risks are Investors Exposed to and how can They be Addressed?
Institutional investors have a key role to play in ensuring decent working conditions during the crisis and in contributing to a just recovery, for example through: selection and/or monitoring processes of investment managers, voting, and engagement.
Enhance Monitoring, Improve Traceability & Risk Assessment, Incorporate Worker Voice
How food and beverage companies tackle forced labor risks in sugarcane supply chains
KnowTheChain’s case study examines how 10 food and beverage companies are addressing forced labor in their sugarcane supply chains. […]Read PDF
Investor Alliance on Human Rights
ICCR has launched the first-ever investor network solely dedicated to human rights issues. The Alliance will help investors understand different ways to engage in the risks posed by human rights. […]Read Article
Enhance Monitoring, Improve Recruitment, Undertake Due Diligence
Forced Labor Action Compared: Findings from Three Sectors
KTC’s cross-sector report that highlights findings within three sectors, and identified lessons and recommendations that can benefit companies across all sectors, with a specific focus on worker voice and remedy. […]Read PDF
Undertake Due Diligence
Corporate Human Rights Benchmark
The Corporate Human Rights Benchmark assessed apparel and agricultural products companies on their human rights policies, processes, and performance, including on sector specific risks such as forced labor. […]Read Article
Church Investor Group
In 2016 the Church Investor Group began an engagement programme aimed at tackling modern slavery within the supply chains of listed companies. […]Read Article
Understand the Legislative Landscape
Five Years of the California Transparency in Supply Chains Act
Five years after SB 657’s signing, KnowTheChain developed an insights brief with key lessons and recommendations, based on a sample set of 500 companies that KnowTheChain identified as impacted by SB 657. […]Read PDF
Develop Commitments & Governance, Enhance Monitoring, Examine Purchasing Practices
Apparel & Footwear Benchmark Findings Report
This report assesses the efforts of 20 of the largest global apparel and footwear companies to address forced labor in their supply chains. The ranking focuses on commitment and governance, traceability and risk assessment, purchasing practices, recruitment, worker voice, monitoring, and remedy. […]Read PDF
Improve Traceability & Risk Assessment, Undertake Due Diligence
Core Coalition, Company Reporting on specific risks under the MSA
An analysis of 50 companies UK Modern Slavery Act statements who operate in sectors with known modern slavery risks. The report explores if and how companies include information on these raw material and sector-specific risks. […]Read PDF
Learn About Forced Labor Risk
Maplecroft, Modern Slavery Index 2017
The Modern Slavery Index 2017 assesses the risk to business of exposure to practices of slavery, servitude, trafficking in persons and forced labour. The index focuses on modern slavery risks at country level. […]Read Article