Global Brands Urged to Address Child Labor in Supply Chains
A Standard Bank Economist Intelligence Unit report reveals that only 22% of companies address child labor in their supply chains, highlighting a lack of corporate social responsibility. The report identifies key priorities and blind spots in corporate action, emphasizing that poverty, lack of education, and weak regulation are the root causes of child labor. It recommends that companies strengthen supply chain due diligence, establish transparent systems, and support educational development. The report calls for collaborative efforts to build a fair and sustainable global economy.
