Fashion Revolution+Image
Exit Strategy
Does the company disclose its exit strategy for terminating relationships with suppliers?
5822108
Fashion Revolution
Researched

About the data

We are looking to see if the company has a responsible exit strategy in place when ending supplier relationships rather than cutting and running. We are looking to see if a company explains how they address and manage potential adverse impacts and risks to supply chain workers during the process.

In this question you are being asked to identify whether the company publicly discloses their exit strategy for when they end a relationship with a supplier.

Where to look for this information:
- Corporate Social Responsibility report
- In Modern Slavery Statement or California Transparency Act disclosure
- Company documents
- Company policies
- Company websites
- Company code of conduct
- Parent company documents (only if the parent company is linked to from the brands website)
- Parent company policies (only if the parent company is linked to from the brands website)
- Parent company websites (only if the parent company is linked to from the brands website)
- Parent company code of conduct (only if the parent company is linked to from the brands website)

Good keywords for your searches include:
- Non-compliance
- Remediation
- Corrective action plans (CAPs)
- Exit strategy
- Responsible exit strategy

Things to keep in mind:
- We are looking to see if the company has a policy that is beyond cutting-and-running when ending relationships with suppliers. We are looking to see if they disclose how they work to manage the possible adverse impacts and risks to workers during the process.
- It is not sufficient to say they have an exit plan in place if they do not disclose the exit plan itself
- we will only allow point for exit plans disclosed that describe a process beyond cutting and running

Value Type
Category
Options
Yes
No
Research Policy
Designer Assessed