Slavery

Listen in as Rosemary Coates and Sarah Carpenter, Director at Assent, discuss human rights, forced labor, and sustainability in global supply chains. Rosemary Coates, Executive Director of the Reshoring Institute, hosts this episode of The Frictionless Supply Chain.

While General Data Protection Regulation, GDPR, was concerned with managing and safeguarding personal data, new legislation is emerging within the E.U. that centers around human rights and transparency in the supply chain.

Damage Limitation and Preventative Controls.

The effort to combat supply chain violations remain ongoing, and legislation has laid the groundwork to take on the issue of slavery in all its guises.

Promising practices show potential for change, but jewelry and watch companies still need to do more to ensure that their supply chains are free of human rights abuse.

On February 24, 2016, President Obama signed into law the Trade Facilitation and Trade Enforcement Act, and the Act closed a loophole in the Tariff Act of 1930, called the “consumptive demand” clause, which has allowed the import of goods created by forced labor.

A recent Resilinc report recommends company address issue as part of a comprehensive supply chain risk management and resiliency strategy.

Five years after the act's signing, we are pleased to announce the release of the first California Transparency in Supply Chains Act benchmarking study, which comprehensively evaluates 1,504 qualifying companies on their disclosure compliance.

With California being the 8th largest economy in the world, it may not come as a surprise that CA-TISCA affects companies with combined revenues of $17 trillion per year, among them many Fortune 1000 companies, and many are not legally compliant.

Through purchasing decisions companies have the capacity to improve the working conditions of those employed by exploitative suppliers whilst rewarding those who treat workers with dignity and respect.