- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By 
Ruth Prickett2024-02-29T13:21:00
Does your business need a human rights policy? An increasing number of organizations believe they do, according to Gartner.
The trend prompted the research firm to publish seven questions for compliance directors to consider to identify whether their company needs such a policy.
Organizations have human rights obligations regardless of whether they have an explicit policy. Common issues include discrimination, child labor, failing to provide maternity leave, or not paying a living wage. Corporate pollution, use of hazardous materials, and environmental damage affect employees and local people. Human trafficking and modern slavery cases highlight the need for vigilance and transparency.
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The European Union announced an agreement to ban products made with forced labor, a decision that will oblige organizations to track and declare more information about their supply chains for goods entering EU markets.
James Levey, compliance director at global recruitment agency ManpowerGroup, discusses with Compliance Week his focus on preparing the group’s European operations to gather the data required for compliance with the EU’s Corporate Sustainability Reporting Directive.
Companies could be in danger of failing to comply with a raft of social responsibility-minded legislation at the European Union and national level because they might mistakenly think duties on corporates overlap when they do not.
It’s been nearly two years since the Uyghur Forced Labor Prevention Act took effect, and as enforcement statistics and recent reports demonstrate, many businesses are still not adequately vetting their supply chains.
Rooting out potential child or forced labor violations in your company’s supply chain can have benefits beyond protecting reputation and being ethically sound. The process can also help your firm comply with pending child labor laws in other jurisdictions.
Although compliance should be the company’s primary responsibility, auditors have become the last line of defense and are getting pressured and blamed for supply chain issues, including instances of child labor. Is this expected to become the normal for the profession?
