Supply Chain Council of European Union | Scceu.org
Supply Chain Risk

Steps Toward Eliminating Slavery In Apparel Supply Chains

By Ken Jones, Matt Garfield and Edith Wong (June 13, 2022, 5:02 PM EDT) — Human trafficking, also referred to as modern slavery, is the fastest growing criminal industry in the world and second only to drug trafficking in total valuation.[1]

The current emphasis on environmental, social and governance, or ESG, as a corporate imperative has raised the stakes and the risks posed to all companies.

Companies with textile and apparel products that have multitiered supply chains, and that outsource their manufacturing to countries with lower labor standards, are particularly vulnerable to allegations of modern slavery.

Legal counsel should be prepared to assist companies in limiting their exposure to the significant regulatory, reputational, financial, operational and…

Related posts

End of the Lipinski era: A 45-year political reign on Chicago’s Southwest Side comes to a close

scceu

Key findings from Public Health England’s report on Covid-19 deaths | World news

scceu

Prologis Announces Redemption of 3.375% Notes due 2024

scceu