forcedlabor
The new law - approved on Tuesday with 555 votes in favour, 6 against and 45 abstentions - is designed to clean up both the bloc’s import and export markets from links to modern slavery and human rights abuses. Despite applying to products manufactured anywhere in the world, the law is seen as a deliberate move against countries such as Turkmenistan or China, where there is reported evidence of state-sponsored forced labour. Under the new regulation rubber-stamped on Tuesday and expected to come into force in 2027 pending final approval of member states, national authorities will be able to la...
Euronews (English)
Investors are putting pressure on Spanish clothing company Inditex to share more information about its supply chain, according to Reuters. Inditex, the largest apparel retailer in the world, is the owner of brands Zara, Bershka, Pull&Bear, Massimo Dutti, Oysho and Stradivarius. The firm publishes an annual list detailing the number of suppliers it buys goods from in 12 key countries, but the names of specific factories are withheld. This bucks a trend set by major clothing retailers like Adidas, H&M, and Primark, who all share this information. Dutch asset manager MN, an Inditex shareholder, t...
Euronews (English)
TTP Investigation: Apple Supplier Lens Technology Linked to Forced Labor, Records Show Q3 2020 hedge fund letters, conferences and more Lens Technology Linked to Forced LaborWASHINGTON, D.C. – Today, Campaign for Accountability (CfA), a nonprofit watchdog group that runs the Tech Transparency Project (TTP), released a report containing evidence that a key supplier of touch screens for Apple products, Chinese company Lens Technology, has used thousands of minority laborers from Xinjiang under China’s repressive forced labor program. The evidence, combined with TTP’s August report on Apple unifo...
ValueWalk
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