Boohoo Group PLC (LON:BOO) has vowed to address its corporate governance responsibilities after an independent review confirmed poor working conditions and low rates of pay in its supply chain. The report found that Its senior directors “knew for a fact that there were very serious issues about the treatment of factory workers in Leicester and…
Tag: supply chain risk
Why did so many ESG funds back Boohoo?
Just weeks before Boohoo was hit with fresh allegations about poor working practices in factories that make its clothes, MSCI gave the UK fast-fashion retailer a clean bill of health. The rating and index provider reiterated Boohoo’s double A rating — its second-highest ranking — while highlighting how it scored far above the industry average on…
Xinjiang Supply Chain Business Advisory – United States Department of State
The U.S. Department of State, along with the U.S. Department of the Treasury, the U.S. Department of Commerce, and the U.S. Department of Homeland Security issued a business advisory to caution businesses about the risks of supply chain links to entities that engage in human rights abuses, including forced labor, in the Xinjiang Uyghur Autonomous…
ESG Outperformance Due to Supply Chain Risk Management
Why have companies with good ESG ratings outperformed in the recent crisis? That is a question many investors are asking now. And on Wednesday Tensie Whelan of NYU Stern Center for Sustainable Business had an interesting new answer to offer: supply chains. Speaking with Paul Polman (head of Imagine), Chris Pinney (founder of High Meadows)…
Supply Chain Risks in 2017 Include Immigration Policy
Maplecroft Human Rights Outlook has identified the immigration policies of the Trump administration as a critical supply chain risk for 2017. Hardening immigration policy in the US, which is increasing the risk of modern slavery and labor abuses against undocumented workers, has emerged as one of the top drivers of human rights risks for business…
ValueEdge Advisors 