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Third article by Frank Bold as part of the series of monthly briefings on sustainability reporting in 2021 with the contribution of BHRRC and ShareAction. The first article outlined upcoming policy developments for 2021, including 10 key changes expected in the EU Non-Financial Reporting Directive...
Investors are raising the pressure on companies exposed to potential labor abuses in China's autonomous Xinjiang region to overhaul their supply chains as western governments move to impose stricter human-rights regulations on companies that do business there. Read more.
From Nikkei Asia: Investors backed by the U.S.-based Interfaith Center on Corporate Responsibility (ICCR) last month urged 47 companies believed to be linked to forced labor in Xinjiang to provide more details about their supply chains. Google parent Alphabet, Apple and Volkswagen, as well as Fast...
Companies may be seen as complicit if they continue business dealings with parties linked to human rights abuses, says Anita Dorett of the Investor Alliance for Human Rights. See full video interview on CNBC below.
(Reuters) A group of religious and socially conscious investors and other funds are ramping up pressure on Western companies over alleged human rights abuses in China’s Xinjiang region, highlighting the challenges for brands trying to maintain their business ties amid rising tensions.