11 Aug '17, 10am

Ford, General Motors, Hormel, Marriott, Michael Kors Step Up to Stop Supply Chain Corruption

Ford, General Motors, Hormel, Marriott, Michael Kors Step Up to Stop Supply Chain Corruption

An apparel factory in Dhaka, Bangladesh This week, the Interfaith Center on Corporate Responsibility (ICCR) announced it had reached an agreement with five multinationals who promised to promote ethical recruiting throughout their entire supply chains. The coalition of faith and values investors has made the case that in addition to the human rights violations that can result from fee-based recruitment, such practices can also put companies at risk of harming their brand reputation and losing the trust of their stakeholders. The companies, Ford, General Motors, Hormel, Marriott and Michael Kors, told the ICCR that they would adopt “no-fees” recruitment policies, which advocacy groups for years have said are crucial in reducing problems such as bonded labor, the loss of identification documents such as passports and other labor rights violations. These five companies’ shift...

Full article: http://www.triplepundit.com/2017/08/leading-companies-agr...

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