Human Rights Transparency and Risk Resilience in Supply Chains: MLK Special Release with Justin Dillon of FRDM

While environmental sustainability goals have become a high
priority for consumers and businesses with a global call to
action on climate change, other ESG issues haven’t gotten as much
attention. For many organizations advocating for human rights in
the supply chain is a material priority, and one of the most
pressing issues involves ensuring there is no forced labor and
child labor in supply chains. But how do you know?


-In its 2016 study, the International Labour Organization (ILO)
estimated that 40.3 million people worldwide were victims of
modern slavery at any given time, 25 million of whom were in
forced labor.


-To narrow the focus further, an estimated 16 million people were
exploited in the private sector. A few years earlier, in 2014,
the ILO estimated that forced labor generated annual profits
estimated at USD 150 billion.


-Women and girls are disproportionately affected, accounting for
71% of those affected by modern slavery. Children represent
one-quarter of the total number of victims.


President Biden on Dec 23, 2021 signed into law the Uyghur Forced
Labor Prevention Act, a bipartisan bill that bans imports from
China’s Xinjiang region unless the importer can prove they were
not made with forced labor.


https://www.washingtonpost.com/politics/biden-uyghur-labor-law/2021/12/23/99e8d048-6412-11ec-a7e8-3a8455b71fad_story.html


In Episode 68, Justin Dillon, CEO of FRDM shares that,
“The COVID-19 pandemic has taught us how broken and opaque supply
chains truly are. Supply chain operations and oversight has
lagged far behind the innovation curve. Companies today are
expected to solve bigger and deeper problems in their supply
chains, such as environmental and human rights risks.”


️ I am proud to have Justin back as a retuning guest on MLK day
to kick off 2022 and to help organizations ensure human
rights are protected across global networks by:


– Understanding and mapping your network


-Organizing your company’s supplier and spend data


– Creating a predictive bill of materials for everything you buy
and applying estimates about environmental, social and business
continuity risks


– Helping you engage with suppliers, using its toolkit to reduce
risk and increase your resilience


– Producing helpful reports for your team, stakeholders and
regulators


– Helping you track improvements to your supply chain and
constantly improving your resilience


FRDM is the next wave in predictive and proactive ESG risk
resilience to realize sustainable outcomes. Organizations that
lead on sustainability and impact do not approach them as
secondary objectives. They integrate the related objectives into
their core motivation, radically altering the corporate equation
for success. Companies face numerous barriers to addressing
modern slavery, but technology can be an enabler for change.
Modernizing the supply chain for greater transparency can create
a more visibility and equity for all.


FREE WHITE PAPER ️ https://lnkd.in/eEr_hWv7


Learn more FRDM and Justin here - FRDM.co