Brands are facing more pressure than ever to protect human rights in their supply chains. But while brands’ individual reputations are at stake, achieving supplier visibility and ensuring ethical practices are going to come down to collaboration.
Read more stories from the sustainability summit by clicking here. “It has to be a systemic approach; there’s no choice about it,” Hall said. “We can influence where we can, but our best influence as a brand…is to strive for a collective solution.” “These new laws require companies to make sure that people in their supply chain are not suffering human rights abuses because the buyer did not do due diligence to prevent or influence remediation of that,” Larsen said.Brands’ globalized supply chains could leave them vulnerable to numerous geopolitical situations across their footprint.
To get proper visibility, companies must consider the credibility of their audits. “There’s a lot of corruption happening; there’s a lot of factories that are willing to try to bribe auditors and many auditors who will take that,” Larsen said. This risk can be lowered by sending a team of more than one auditor but that adds costs. To spread the expense, brands can join forces to monitor their shared factory partner.
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