PVH, H&M, Adidas, Gildan Activewear, Next & Gap receive "top marks" in child labour risk report

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2 April 2012

GLOBAL: Brands receive top marks in child labour risk report

Author: Petah Marian, Just-Style

PVH, Adidas, Gildan Activewear, Next, Gap and H&M have received top marks in a report ranking companies on how they manage and disclose risks of child labour use and children's rights violations in their operations and supply chains. Some 14 out of the 452 assessed companies got top marks in the Norges Bank Investment Management (NBIM) Children's Rights Disclosure Rating this year. NBIM performs an annual assessment of whether companies in its portfolio are exposed to child labour and children's rights risks...

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26 March 2012

Adidas, Nestlé Among Companies With Top Marks for Reporting on Child Labour, Climate or Water Risks

Author: Norges Bank Investment Management

9 companies...received top marks for reporting on social or environmental risks in 2011. More than a third of the companies in the annual evaluation by Norges Bank Investment Management (NBIM)...scored zero. “Failure to manage social and environmental risks may over time hurt company profits and the fund’s investments,” says Anne Kvam, NBIM’s global head of ownership policy “We’ve identified three areas of particular concern that companies need to address – children’s rights, climate change and water scarcity…[T]he overall level of reporting is still far too low.” [refers to Walt Disney, PVH, Intel, H&M, Motorola Mobility, Gildan Activewear, Xstrata, Ericsson, Anglo American, Gap, Next, Bayer, BHP Billiton, Air France-KLM, Air Products & Chemicals, BASF, Constellation Energy Group, E.ON, Hera, Iberdrola, Lafarge, Linde, Xcel Energy, Anheuser-Busch InBev, Danone, GlaxoSmithKline, Kellogg, Kirin Holdings, Merck & Co, Molson Coors Brewing, PepsiCo, Pfizer, PG&E, SABMiller & Sanofi]

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