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Article

17 Dec 2009

Author:
EIRIS

Big businesses fail to protect the rights of workers in their global supply chains

Based on EIRIS' Convention Watch research, the report A Risky Business? Managing core labour standards in company supply chains finds that 45% of companies analysed have no policy or management systems in place to protect labour standards in their supply chain and fail to report on the issue…A breach of supply chain labour standards represents a risk to investors as it can affect company value and performance. Dawn McLaren, report author and Head of Consumer Goods & Services Research at EIRIS said: "To reduce the risk of breaching ILO standards companies should link their management systems for supply chain labour standards with their internal procurement systems but very few are doing this."… [refers to Gap, Primark]