Human Rights Transparency and Risk Resilience in Supply Chains: MLK Special Release with Justin Dillon of FRDM
- S1E68
- 23:42
- January 17th 2022
While environmental sustainability goals have become a high priority for consumers and businesses with a global call to action on climate change, other ESG issues haven’t gotten as much attention. For many organizations advocating for human rights in the supply chain is a material priority, and one of the most pressing issues involves ensuring there is no forced labor and child labor in supply chains. But how do you know?
-In its 2016 study, the International Labour Organization (ILO) estimated that 40.3 million people worldwide were victims of modern slavery at any given time, 25 million of whom were in forced labor.
-To narrow the focus further, an estimated 16 million people were exploited in the private sector. A few years earlier, in 2014, the ILO estimated that forced labor generated annual profits estimated at USD 150 billion.
-Women and girls are disproportionately affected, accounting for 71% of those affected by modern slavery. Children represent one-quarter of the total number of victims.
President Biden on Dec 23, 2021 signed into law the Uyghur Forced Labor Prevention Act, a bipartisan bill that bans imports from China’s Xinjiang region unless the importer can prove they were not made with forced labor.
In Episode 68, Justin Dillon, CEO of FRDM shares that, “The COVID-19 pandemic has taught us how broken and opaque supply chains truly are. Supply chain operations and oversight has lagged far behind the innovation curve. Companies today are expected to solve bigger and deeper problems in their supply chains, such as environmental and human rights risks.”
➡️ I am proud to have Justin back as a retuning guest on MLK day to kick off 2022 and to help organizations ensure human rights are protected across global networks by:
– Understanding and mapping your network
-Organizing your company’s supplier and spend data
– Creating a predictive bill of materials for everything you buy and applying estimates about environmental, social and business continuity risks
– Helping you engage with suppliers, using its toolkit to reduce risk and increase your resilience
– Producing helpful reports for your team, stakeholders and regulators
– Helping you track improvements to your supply chain and constantly improving your resilience
FRDM is the next wave in predictive and proactive ESG risk resilience to realize sustainable outcomes. Organizations that lead on sustainability and impact do not approach them as secondary objectives. They integrate the related objectives into their core motivation, radically altering the corporate equation for success. Companies face numerous barriers to addressing modern slavery, but technology can be an enabler for change. Modernizing the supply chain for greater transparency can create a more visibility and equity for all.
FREE WHITE PAPER ➡️ https://lnkd.in/eEr_hWv7
Learn more FRDM and Justin here - FRDM.co
Supply Chain Revolution
The Supply Chain Revolution podcast is a series focused on the latest trends and innovations in sustainability and supply chain management. The podcast is hosted by Sheri Hinish, also known as the Supply Chain Queen, who is a sustainability consultant and digital transformation expert, and features interviews with a wide range of supply chain professionals, thought leaders, and entrepreneurs.
The podcast covers a variety of topics related to the supply chain revolution, including digital transformation, sustainability, circular economy, diversity and inclusion, and emerging technologies such as artificial intelligence, blockchain, data analytics, and robotics. Each episode features in-depth discussions and insights from guests, providing a valuable resource for supply chain professionals looking to stay up-to-date on the latest trends and best practices in the field.
The Supply Chain Revolution podcast is known for its engaging and thought-provoking content, and has been featured in numerous publications and media outlets. It is a great resource for anyone interested in learning more about the rapidly evolving world of supply chain management, and for professionals seeking to improve their skills and stay ahead of the curve in this dynamic field.
Join podcast host, Sheri Hinish also called the Supply Chain Queen, and reimagine the future of how we interact with the world and business in the decade of our lives. In each episode, provocative points of view that challenge paradigms for progress are evangelized holding the SDGs, purpose, and diversity as a business imperative as a North Star. This is the TOP Supply Chain podcast unpacking the future of supply chain that explores shifts in generational, social, environmental, technological, and "the people side" of leading change in transformation.
The Supply Chain Revolution is the supply chain podcast that highlights progressive ideas that challenge the status quo, giving people access to insights, strategies, and tools to make better choices that shape critical aspects of their business and personal lives, building transformational change for a better, sustainable world.
This is the supply chain podcast for supply chain leaders, thinkers, dreamers, doers, learners, builders, and supply chain professionals who want to change the world using a different approach to traditional supply chain, leadership, circular economy, digital transformation, sustainability, diversity and inclusion, technology, strategy, and camaraderie to create new ways of working in the supply chain revolution. We are an inclusive group where all are welcomed and represented.
Learn more at http://www.supplychainqueen.com
The host Sheri Hinish believes supply chains can save the planet, save lives, and transform traditional business models. Recognized as 2022, 2021, 2020 & 2019 Supply & Demand Chain Executive "Pro to Know," a 2021 Top 100 Women in Supply Chain Award winner, and recipient of the 2020 Global Women Supply Chain Leaders Award, Sheri Hinish is a leading advocate, strategist, and influencer in supply chain, sustainability & the SDGs, leading with purpose, and change management in digital transformations. She is a Principal and Global Lead for Innovation + Ecosystem at EY and formally the Global Lead for Sustainability, Alliances, and Strategy at IBM.
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