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"LS&Co. has become a signatory of Social and Labor Convergence Program (SLCP). SLCP is a non-profit multi-stakeholder initiative that offers the tools and system to assess working conditions in global supply chains. This multi-stakeholder initiative includes data sharing and replaces the need for repetitive social audits. This increases transparency in global supply chain, helps combat audit fatigue, enables the redeployment of resources into further improving working conditions and enhance industry-wide consistency and strengthen accountability. In addition, the assessment framework supports joint remediation and shared responsibilities among brands in the same supplier factories."

"To supplement our own monitoring efforts, we use thirdparty monitors to conduct regular assessments of every factory, key fabric mills and our product licensee suppliers. All third-party monitors understand the scope of our labour, environment, and health and safety standards and know the local languages, laws, culture and business context of each country in which they operate. All third-party monitors must be individually approved by LS&Co. to conduct SCoC assessments in factories. In accordance with our supplier arrangements, these monitors apply the standards of either the local law, or our SCoC , whichever are stricter."