The global economy has played a pivotal role in driving socio-economic progress across the world, yet it has also exposed the vulnerabilities of ordinary workers, especially in developing nations. At the core of today's global business landscape are intricate supply chains that span the globe, but the responsibilities of corporations regarding human rights within these supply chains often remain ambiguous.
This research paper provides a comprehensive analysis of the intricate relationship between ESG principles and human rights within the context of global supply chains. While ESG discussions have typically focused on social issues like diversity, equality, and inclusion, it is imperative to consider other human rights violations within these supply chains, including child labor, forced labor and hazardous working conditions.
The paper sheds light on the profound repercussions of inadequate supply chain management on human rights, including financial costs, damage to reputation, business disruptions and legal consequences. It highlights the crucial role that corporations play in addressing modern slavery practices within their supply chains. Examining the legal and regulatory landscape at both international and domestic levels, the paper highlights the interconnections of these elements and their potential to proactively prevent human rights abuses.
In a world increasingly shifting toward a stakeholder-centric approach, this paper highlights the growing importance of ESG principles and human rights in supply chain management. It calls for collaborative efforts among governments, businesses and non-governmental organizations to combat and prevent human rights violations in complex global supply chains, fostering sustainable, long-term success in an ever-evolving global landscape.
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Faiza Khanum and
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