Business Transparency on Trafficking and Slavery Legislation
In America, we enjoy an abundance of goods that come to us from within and outside of our country’s borders. But what many people don’t realize is that before they reach our hands, many things pass through the hands of slaves and child laborers. ATEST is working to encourage businesses to conduct their operations with greater transparency that serves the dignity of every worker across the supply chain.
On June 11, 2014, Representative Carolyn Maloney (D-NY) introduced the Business Supply Chain Transparency on Trafficking and Slavery Act of 2014 (H.R. 4842). H.R. 4842 would require companies with a minimum of $100 million in worldwide gross receipts annually to report transparently to the Securities and Exchange Commission and on their websites about their efforts to address slavery and child labor within their business operations, including supply chain and labor management. By establishing clear federal transparency requirements and providing the public with information, businesses would benefit from a level playing field and would not have had to comply with a patchwork of state laws.
Learn more about business transparency and this important legislation:
Fact Sheet: Business Supply Chain Transparency on Trafficking and Slavery Act of 2014 (H.R. 4842)
Report: Beyond SB 657: How Businesses Can Meet and Exceed California’s Requirements to Prevent Forced Labor in Supply Chains
ATEST National Call on Business Transparency Legislation (06/28/12)
ATEST Teams up with SRIs in Support of Federal Business Transparency Legislation (02/11/12)