Santa Claus and Child Labor: The Dark Side of ESG Reporting
The GEM report highlights the importance of ESG reporting and the need for international standards. It also reveals the exploitation of child labor in supply chains, which is often masked by the image of Santa Claus. Companies must be held accountable for their actions and ensure that their supply chains are free of child labor. The GEM report is a reminder that transparency is key to achieving this goal. Companies must be willing to disclose their ESG practices and be held to the highest standards. Without international standards, companies will continue to exploit child labor and hide it behind the image of Santa Claus.
Interesting article, I had no idea that child labor was so prevalent in the supply chain. Do you have any ideas on how we can ensure that companies are held to the highest standards? What kind of international standards do you think would be necessary to help combat this issue?