Letter in Support of Federal Business Supply Chain Transparency Legislation
The U.S. is the world’s largest importer, but the existing legislative framework to combat human trafficking within supply chains is inadequate. The Business Supply Chain Transparency on Trafficking and Slavery Act of 2015 (H.R.3226/S.1968) would require certain companies to report to the Securities and Exchange Commission and on their websites about efforts to address slavery, child labor, and the commercial sexual exploitation of children within their business operations, including supply chain and labor management. These disclosures allow consumers to make informed decisions about what products they buy and which socially responsible companies to invest in.
The passage of this legislation would help fight human trafficking, forced labor, slavery, and the worst forms of child labor, and would demonstrate the U.S. commitment to freedom. The law would raise awareness of an issue that is being largely ignored by companies doing business in parts of the world where slavery is prevalent.