Know the Chain’s First ICT Benchmark!
Know the Chain just released its first Information and Technology Communications (ICT) Benchmark on 20 companies’ efforts to prevent forced labor in their supply chains. This report is groundbreaking because it is the first public ranking of companies in regards to their anti-slavery efforts. This type of comparison is something investors, consumers and human rights activists have been waiting for.
The ICT Benchmark Findings Report shows that the majority of ICT companies reviewed are demonstrating a commitment to identifying forced labor in their own supply chains. However, there is still much more work to be done. The study found that the biggest area for improvement is giving workers at every level of the supply chain an avenue to voice their concerns. “Worker’s Voice” only had an average score of 16 out of 100 for the 20 companies reviewed. HP received the highest score across the seven categories with 72.
This ICT benchmark report is a great complement to RSN’s annual Mining the Disclosures report. It is no surprise that the areas of “Traceability and Risk Assessment” and “Monitoring” scored quite high due to the work ICT companies need to do regarding sourcing conflict minerals.
If you are interested in learning more about corporate due diligence in addressing conflict minerals’ risks, then be sure to keep an eye out for RSN’s Mining the Disclosure 2016 report, which will be released in early October.