Canadian Companies Seek Extension for Supply Chain Transparency Law

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 99%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Canadian industries seek extension on country's human-rights supply chain law

The act, passed in May, seeks to push corporations to provide greater transparency about their supply chains in order to avoid abetting what critics say amounts to modern slavery. The new measure takes effect on Jan. 1, 2024.

"We just want time to be able to do a better job when we start reporting, that is why we are seeking a one-year extension." Bob Kirke, executive director of the Canadian Apparel Federation, told Reuters that an extension was in the interest of everyone as there is no clarity on what exactly those "rules" are.

In May, Canada's corporate ethics watchdog initiated an investigation of Nike and Dynasty Gold Corp on allegations that the companies benefitted from forced labour from the Xinjian province in China in their supply chains.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 1. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

The Daily Chase: 30 companies on the TSX report today - BNN BloombergHere are five things you need to know for Aug. 9, 2023.
Källa: BNNBloomberg - 🏆 83. / 50 Läs mer »

The Daily Chase: 30 companies on the TSX report today - BNN BloombergBNN Bloomberg's baystreetamber with 5things you need to know to start your trading day. $CLA $MRU $NVEI $LYFT $WE For more:
Källa: BNNBloomberg - 🏆 83. / 50 Läs mer »