Posted on 02/08/2022 9:14:12 AM PST by RandFan
A bipartisan pair of senators on Monday introduced a bill that would require large companies to undergo an audit that seeks to detect forced labor being used in companies’ supply chains.
The bill, introduced by Sens. Kirsten Gillibrand (D-N.Y.) and Josh Hawley (R-Mo.), would mandate an annual audit for companies that earn at least $500 million in revenue a year that are involved in mining, manufacturing and the production of goods for sale. The results of the audit would then be submitted to the Department of Labor and ultimately be made public.
If the audit discovers that companies are complicit in forced labor, the Labor Department would report them to Congress.
Additionally, the bill would impose new corporate supply chain disclosure requirements and enact “stuff penalties” for companies that “fail to uphold minimum standards for human rights,” according to a statement from Hawley’s office.
The legislation, dubbed the Slave-Free Business Certification Act, is meant to “target forced labor in global supply chains and hold multinational corporations accountable,” according to Hawley’s office.
The legislation comes amid increased scrutiny in the U.S. regarding human rights abuses against ethnic and religious minorities in China’s Xinjiang region. President Biden signed the Uyghur Forced Labor Prevention Act in December, which bans the importation of goods from the Xinjiang region unless individuals or companies can prove that the materials were not made with the help of forced labor.
(Excerpt) Read more at thehill.com ...
I would like all products to have tracking on their labels of where the items in the products are sourced from.
Nike probably already has a team of hitters flying to New York right now.
Sourcemap.com - I’ve met the founders.
I think it will go nowhere. Either that the mechanics of making it workable will be so burdensome it will have no teeth.
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