December 2021
Intermediate to advanced
11 pages
28m
English
article
Does Your Business Need a Human Rights Strategy?
by N. Craig Smith, Markus Scholz, Jane Williams
Content preview from Does Your Business Need a Human Rights Strategy?
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Does Your Business Need a Human Rights Strategy?
Companies must be prepared to meet their moral and business obligations when operations bump up against labor abuses — or worse.
Swedish fashion giant H&M’s commitment to “operating with respect to human rights across the value chain” recently cost the company $74 million and the wrath of its third-biggest — and fastest-growing — market.
In late 2020, H&M, along with other well-known fashion brands, publicly announced that it was no longer sourcing cotton from China’s Xinjiang region due to concerns over the use of forced labor among the country’s minority Uyghur population. When a website highlighted the announcement in March ...
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