Forwarded from 📡Guardians of Hong Kong
Exclusive: Investors press companies on human rights in Xinjiang
The group of more than 50 investors, backed by the Interfaith Center on Corporate Responsibility, said it is in the process of contacting more than 40 companies, including H&M, VF Corp, Hugo Boss and Zara-owner Inditex, requesting more information about their supply chains and urging them to quit situations that could lead to human rights abuses.
The investor alliance alleged that companies removing or moving statements in relation to Xinjiang were doing so in fear of commercial retaliation from the Chinese government. It also said compliance rules were being developed in other markets, including the European Union, obliging them to fully disclose their supply chains.
Source: Reuters #Mar31
https://www.reuters.com/article/us-china-xinjiang-shareholders-exclusive/exclusive-investors-press-companies-on-human-rights-in-xinjiang-idUSKBN2BM2FP
#Xinjiang #ChinaGenocide #XinjiangCottton
The group of more than 50 investors, backed by the Interfaith Center on Corporate Responsibility, said it is in the process of contacting more than 40 companies, including H&M, VF Corp, Hugo Boss and Zara-owner Inditex, requesting more information about their supply chains and urging them to quit situations that could lead to human rights abuses.
The investor alliance alleged that companies removing or moving statements in relation to Xinjiang were doing so in fear of commercial retaliation from the Chinese government. It also said compliance rules were being developed in other markets, including the European Union, obliging them to fully disclose their supply chains.
Source: Reuters #Mar31
https://www.reuters.com/article/us-china-xinjiang-shareholders-exclusive/exclusive-investors-press-companies-on-human-rights-in-xinjiang-idUSKBN2BM2FP
#Xinjiang #ChinaGenocide #XinjiangCottton