5. Reporting & Transparency

Brands are facing growing expectations from key stakeholders such as investors, consumers and public policy actors to report on and disclose information about their supply chain engagement. In some cases, this pressure is the result of new regulatory requirements that oblige brands to describe their efforts to eradicate slavery and human trafficking, such as the California Transparency in Supply Chains Act adopted in 2010.

Brands can report in many different ways. They can use their annual CSR reports, websites, published case studies and other means to tell stakeholders what they are doing. All reporting, however, is better when it is proactive, rather than reactive.

Brands should report on policy, performance and impact. They should give details about the preventive and corrective actions they are taking against forced labor, and the protective measures they have in place as part of their recruitment, selection and hiring process for migrant workers in their supply chains. They can describe new policy interventions and strategies, and share lessons learned in implementation. Transparent communication of this kind will satisfy the demands of regulatory requirements, and meet the expectations of key stakeholders.

The tools and links provided in the sidebar can help you navigate this process. Building on existing global frameworks, they offer detailed recommendations to improve the quality of corporate disclosure and transparency.