Mitigating Forced Labor in Supply Chains: Navigating Canada’s New Act
August 16, 2023
On May 11, 2023, Canada passed the Fighting Against Forced Labour & Child Labour in Supply Chains Act taking action to address the use of forced labor and child labor in global supply chains. This new regulation will have significant implications for organizations with operations in Canada.
It establishes due diligence and annual reporting requirements that require both Canadian and international businesses to publicly outline the steps they have taken to identify and prevent forced labor and child labor risks in their supply chains. The Act will come into effect on January 1, 2024, and companies are required to publicly file their first reports by May 31, 2024.
In this webinar, experts from Kharon and Assent break down the new regulatory framework, with a focus on the similarities and differences between the Act and other frameworks, such as the Uyghur Forced Labor Prevention Act. The speakers also share real life case studies related to forced labor exposure in global supply chains, as well as best practices for identifying and mitigating forced labor exposure.
Featuring:
- Dr. Abiola Okpechi – Regulatory & Sustainability Expert, ESG & Responsible Sourcing, Assent
- Jamie Wallisch – Regulatory & Sustainability Expert, ESG & Responsible Sourcing, Assent
- Kit Conklin – VP, Global Client Engagement, Kharon
- Ethan Woolley – Account Executive, Kharon
SDGs, Targets, and Indicators
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SDGs Addressed or Connected to the Issues Highlighted in the Article
- Sustainable Development Goal 8: Decent Work and Economic Growth
- Sustainable Development Goal 16: Peace, Justice, and Strong Institutions
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Specific Targets Under Those SDGs Based on the Article’s Content
- Target 8.7: Take immediate and effective measures to eradicate forced labor, end modern slavery and human trafficking, and secure the prohibition and elimination of the worst forms of child labor.
- Target 16.3: Promote the rule of law at the national and international levels and ensure equal access to justice for all.
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Indicators Mentioned or Implied in the Article to Measure Progress Towards the Identified Targets
- Due diligence and annual reporting requirements for organizations to publicly outline the steps taken to identify and prevent forced labor and child labor risks in their supply chains.
- Public filing of reports by companies regarding their efforts to mitigate forced labor and child labor risks in their supply chains.
SDGs, Targets, and Indicators Table
| SDGs | Targets | Indicators |
|---|---|---|
| Sustainable Development Goal 8: Decent Work and Economic Growth | Target 8.7: Take immediate and effective measures to eradicate forced labor, end modern slavery and human trafficking, and secure the prohibition and elimination of the worst forms of child labor. |
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| Sustainable Development Goal 16: Peace, Justice, and Strong Institutions | Target 16.3: Promote the rule of law at the national and international levels and ensure equal access to justice for all. |
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Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.
Source: brief.kharon.com
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