Our June newsletter is out now with updates from @SOMO, regulatory news, events from @electrowatch, @TRF, @Frank_Bold, @shiftproject and @PRI_News, and a reminder join our 30th June #webinar with Transparentem. Subscribe and read our newsletter here: https://t.co/swQIjZcOfY
Why is the 'S' in ESG so important to measure? What constitutes a good indicator? Join this amazing lineup on July 1st to talk about best practices and the way forward in measuring a company's social performance.
RSVP: https://t.co/JgsPh8qpap
Our 2021 #Apparel & #Footwear benchmark found that more than half of companies in the sector had allegations of #ForcedLabor in their #supplychains. How are companies responding? Join our webinar with Transparentem on 30 June to find out more: https://t.co/0TUfFGpBs9
Corporate Transparency & Accountability Win! 👏 Norwegian #HRDDlaw on companies' respect for fundamental human rights & decent working conditions in supply chains. Ensures public access to information on how companies address negative human rights impacts.@ICCRonline@lawsofrule
Wonderful to see investors such as CBIS to have clear proxy voting guidelines, pre-declare their votes, and use their votes to support workers rights! #ESG#responsibleinvestment
“Policies are no longer sufficient; companies need to show that their policies & processes make a difference for workers.” - @tannerjulie at Christian Brothers Investment Services
Read more about investor action on #SupplyChain#ForcedLabor risks 👉 https://t.co/EM8VRrOB38
A #JustRecovery after #COVID19 must address power imbalances between workers & companies, focusing on grassroots & worker-led approaches to recognize & enable workers’ agency & leadership.
Read more about #ForcedLabor risks in apparel supply chains https://t.co/mWrPE628ZC 🧵2/2
@FinComSlavery latest newsletter includes research from @issgovernance noting that U.S. shareholder proposals on the issue of #modernslavery quadrupled over the last five years. S in #ESG https://t.co/Miuq2FRsrr
#ForcedLabor risks are present across all apparel #SupplyChain tiers, but companies have done little to improve oversight of the raw materials they source.
Our findings show a fragmented approach to due diligence on high-risk raw materials 👉 https://t.co/RoE5Oga17z
In #ESG – Environmental, Social & Governance – investing, the 'S' is often overlooked.
In response, @TRF formed a Working Group to produce a white paper to amplify the importance of the #SinESG & debunk 5 key investor myths.
👉 https://t.co/voPY2XFYT4
No company achieved a full score on 4 indicators critical for a #JustRecovery after #COVID19
➡️ Purchasing Practices
➡️ Freedom of Association
➡️ Grievance Mechanisms
➡️ Remedy
Read our findings on #ForcedLabor risks in apparel #SupplyChains 👉 https://t.co/qKNBsi1d2k 🧵3/3
Allegations of abuse were found in #SupplyChains of more than half the largest global apparel companies.
Factors that lead to exploitation & #ForcedLabor - incl. poverty, discrimination, lack of labor protections & restrictions on movement - have worsened during #COVID19 🧵1/
Our research revealed...
📌 The average company scored under 50% on efforts to address #ForcedLabor
📌 Half scored 0️⃣ on worker-centric indicators
📌 Luxury apparel brands are among the worst-performing companies
Explore results 👉 https://t.co/ydw15mZULy 🧵3/3
1/4 Big win today at Wendy's shareholder meeting, where a proposal calling for protections for #essentialworkers in its food #supplychain filed by
@FSAllegany & @IASJ_org received overwhelming shareholder support. Read the press release 👇 https://t.co/ChC3Vl5JBk @WITreasurer
.@GRI_Secretariat is seeking input to its #humanrights standards by 19 May: Are new topics needed? Are existing standards on topics including #forcedlabor and freedom of association sufficient? https://t.co/OOHF78Wv87
First steps towards mandatory due diligence in #Belgium as Parliament votes in favour of #mHRDD proposal
The proposed law will require companies to identify & prevent human rights & environmental abuse in their supply chains, including subsidiaries ⬇️ https://t.co/Shx3rHMEwu