RSN Announces First Cohort of YESS Members [Yahoo! Finance]
Walt Disney Company (The) (DIS)
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Source: Yahoo! Finance
Ethically & Sustainably Sourced initiative from a scheme platform to a membership model last October. The nonprofit for-benefit organization has announced the first cohort of multi-stakeholder members for YESS , which works to drive forced labor out of the cotton supply chain using a risk-based due diligence approach as outlined by the Organisation of Economic Co-operation and Development ( OECD ). The cohort consists of an undisclosed number of members, but did call out Adidas , Fanatics Apparel, Inditex , The Walt Disney Company and Walmart by name. More from Sourcing Journal Will Trump's Tariffs Drive Down Forced Labor? Esquel Group Added to UFLPA Entity List Gildan CEO Glenn Chamandy Talks Tariffs in Q3 Earnings Call RSN argues there's demand for this type of initiative, which is made clear by regulatory frameworks like the Corporate Sustainability Due Diligence Directive ( CSDDD “Collaborating to address systemic risks is paramount for ensuring the wellbeing of work
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- 11/14/24 - Beat
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