New York City Comptroller urges Ralph Lauren to report to shareholders on its process to assess human rights risks to workers

Author: New York City Comptroller Scott M. Stringer , Published on: 18 August 2014

 “Comptroller Scott M. Stringer calls on Ralph Lauren to assess worker safety and risks”, 7 Aug 2014

…Speaking before Ralph Lauren’s…annual shareowner meeting…New York City Comptroller Scott M. Stringer seconded a shareowner proposal…urging the company’s Board of Directors to report to shareowners on its process to assess human rights risks to workers. “As long-term shareowners, we believe Ralph Lauren has a responsibility to identify, prevent, mitigate and be accountable for human rights abuses in its own operations and those of its global suppliers,” said Comptroller Stringer. “The risks are particularly acute for Ralph Lauren…given…the fact that over 80 percent of its products are sourced from Asia, including Bangladesh.”...Ralph Lauren has refused to sign the Accord on Fire and Building Safety in Bangladesh…Ralph Lauren’s responsibility is also affirmed by the U.N. Guiding Principles on Business and Human Rights, which require companies to identify, prevent and mitigate human rights impacts…[Also refers to Abercrombie & Fitch, Adidas, Calvin Klein (part of Phillips-Van Heusen), Phillips-Van Heusen, Halliburton, Kroger, Superior Energy Services, Tommy Hilfiger (part of Phillips-Van Heusen)]

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Related companies: Abercrombie & Fitch adidas Calvin Klein (part of PVH) Halliburton Kroger PVH (Phillips-Van Heusen) Ralph Lauren Tommy Hilfiger (part of PVH)