Time to Wipe Out Modern-Day Slavery in Supply Chains

It's tough enough stopping the use of conflict minerals from the Democratic Republic of the Congo. How about attacking the larger issue of human trafficking throughout the supply chain? On one hand, the Securities & Exchange Commission's disclosure rule on conflict minerals in manufactured goods can serve as a guide for broadening the fight against human trafficking on a global scale. But expanding that limited rule to incorporate all sources and products won't be easy. Many companies are sitting on the sidelines, instead of undertaking a bold effort to wipe out modern-day slavery the world over. But they can't sit forever. Regulators in the U.S. and elsewhere are toughening up on companies that rely, even inadvertently, on forced labor to make their products. On this episode, we discuss the problem with Kristen Sullivan, sustainability services leader for the Americas with Deloitte. She offers guidance on how companies can approach the issue through the adoption of established standards and frameworks. In the process, they'll reap the benefits of becoming socially conscious, while improving visibility throughout their supply chains.