Corporate
Aug. 2, 2011
Compliance deadline looms for new Transparency in Supply Chains Act
Retailers and manufacturers will soon have to reveal what efforts they take to combat slavery and human trafficking. By Peter M. Menard of Sheppard, Mullin, Richter & Hampton LLP
On Jan. 1, 2012, the California Transparency in Supply Chains Act of 2010 (SB 657) will become effective. This legislation will require every large retailer and manufacturer doing business in California to publicly disclose to what extent it: evaluates the risk of slavery and human trafficking in its product supply chain, and whether the evaluation is conducted by a third party; audits its suppliers, and whether the audits are independent and u...
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