Ryohin Keikaku (7453) · RiskMitigated
Respect for Human Rights and Working Environment Risks in the Supply Chain
First written in FY2021. 1 of 2 entries say "Mitigated", first in FY2024. Latest entry: FY2024.
2entries
4years
0from disclosures
How it moved
Same theme, other companies
Labor Standards, Human Rights and Chemical Management Risks at Contract Manufacturing SitesA theme 8 companies write about · 6 as a headwind · 2 as a tailwind
1 other company's latest entry also says "Mitigated".
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Full recordFilings, disclosures and news, newest first
- FY2024MitigatedAnnual report
「The findings at the 12 factories rated E included inadequate safety measures, such as emergency exits being locked and fire extinguishers and evacuation routes being obstructed by objects, as well as improper management of working hours. The Company has agreed on improvement plans with all factories and is confirming completion of improvements in sequence.」
The Company conducted human rights due diligence at 73 product manufacturers’ factories and 43 materials and raw materials manufacturers’ factories, agreed on improvement plans with all factories regarding safety and working-hours findings at 12 factories, and has confirmed completion of the improvements. - FY2021First statedAnnual report
「However, if conduct that deviates from this policy occurs, it could adversely affect the Group’s business results and financial position, including through a loss of trust among customers and business partners.」
Given its structure of outsourcing production to suppliers, the Company shares expectations regarding labor conditions, respect for human rights and environmental considerations throughout the supply chain with supplier factories, while identifying loss of trust and impacts on business results and financial position if the policy is breached as new risks.