The global electronics sector is comprised of powerful corporations—the 49 largest information communications and technology (ICT) companies have a combined market capitalization of US $5 trillion and combined annual profits of almost US$1 trillion. This brings with it a duty to prevent and address forced labor in the ICT sector’s supply chains, particularly when crises such as Covid-19 exacerbate factors that render workers vulnerable to forced labor.
This report analyzes the disclosure and performance of 49 companies against seven benchmark themes, and it provides good practice examples and recommendations for companies as well as recommendations for investor action. It also highlights the nature of forced labor risks in the ICT sector and explores the role of industry associations. Finally, it shines a light on changes in company practices over time and highlights how companies address forced labor risks in the lower tiers of their supply chains.
This report found that while technology companies are working to bring the world closer together, they are failing to connect with workers in their own supply chains. Our ICT benchmark ranked the top 40 global ICT companies—with a combined market...
This report benchmarked 20 information & communications technology (ICT) companies (see below) on their efforts to eradicate forced labor from their global supply chains. The companies were selected on the basis of their size (market cap) and the extent to...
Benchmarks can play a powerful role in encouraging companies to uphold labor standards and protect workers’ rights. In 2016 KnowTheChain has benchmarked 60 large global companies in the Information & Technology Communication sector on their efforts to address forced labor...
According to the latest ILO global estimates, 25 million people are victims of forced labour. This issue concerns all regions in the world. UN Sustainable Development Goal 8 on Decent Work and Economic Growth includes a target 8.7 for which the inte...Read More
A growing number of global brands and retailers are adopting ethical recruitment policies stipulating, among other things, that all costs and fees related to labour recruitment are paid by the employer and not by the workers being recruited. Employe...Read More
When asked the importance of the following social and environmental issues at a personal level, over four fifths (87%) of financial services employees rate modern slavery and human trafficking as important. ...Read More
The paper presents the findings of a study on external policy measures adopted by the European Union and like-minded partners to address modern slavery in third countries. The study is intended to support the European Parliament in monitoring E...Read More
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