New ranking on forced labour and supply chains
Mixed results for tech companies
US campaign group KnowTheChain this week released its first benchmarking report which ranks 20 IT companies on their efforts to address the issue of forced labour in their supply chains.
HP (72 out of 100) and Apple (62 out of 100) scored the highest marks but over half of the companies scored under 50 out 100 overall, and three companies (BOE Technology, Canon and Keyence) scored under 15 out of 100.
The average score was just 39 out of a possible 100.
Researchers found that while the sector is showing some commitment and action, there is still far more to be done.
KnowtheChain say that forced labour generates $150 billion in illegal profits every year. This labour can range from miners to factory workers and can appear all through a supply chain.
Many companies are now required to disclose steps they are taking to combat forced labor, under the UK Modern Slavery Act and the California Supply Chains Transparency Act but this is not going far enough.
Eighteen of the 20 companies rated in the work have a public commitment to addressing forced labour, showing that they recognise the importance of the issue, but far fewer have the policies and practices in place to do so.
Ed Marcum, Humanity United Managing Director, the foundation leading KnowTheChain, said:
“While we recognize that some companies are trying to meaningfully address the issue of forced labor in their supply chains, this report demonstrates that far more can and should be done”
“For investors and consumers, this report shines a light on those lagging companies who are doing little to fulfill their ethical and legal obligations.”
Read the full report >
Further reading: See our company profile of Apple.
Apple, HP, Samsung, Canon and Microsoft and our guides to laptops, tablets, cameras and mobile phones.
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