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en/shareholder-activist-pressure-mounts-on-monster-beverage-to-investigate-slavery-risks#c172888

Shareholder resolution asks Monster Beverage to reveal how it assesses slavery risk in supply chain

Author: As You Sow, Published on: 25 May 2018

... The October 2016, Know the Chain, Food & Beverage Benchmark Findings Report scored Monster at zero (0), stating, “Monster Beverage Corporation places last on the benchmark, underperforming across all thematic areas relative to its peers.”... While Monster has since published its forced labor policies on its website, it still does not report risk analysis and monitoring metrics down to the commodity level consistent with its peers... we lack confidence in Monster’s conclusion that it is exposed to minimal risk of slavery and trafficking based on the limited information provided and the number of sugar production countries where forced and child labor is known to exist... Shareholders request Monster Beverage to issue a report containing the criteria and analytical methodology used to determine its conclusion of “minimal risk” of slavery and human trafficking in its sugarcane supply chain...

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Related companies: Monster Beverage Corporation