Fashion Revolution+Discloses Quantity of Orders with Labor Cost Protection

Discloses Quantity of Orders with Labor Cost Protection

Does the company publish the % of orders/volume for which wages and other labour costs (such as wages increases) are isolated/ring-fenced?

Wikirate ID: 5822328

Designer: Fashion Revolution

Metric Type: Researched

About the data

Purchasing practices are the way that a company interacts and does business with the manufacturers that supply their products. It encompasses strategic planning, sourcing, development, purchasing (buying) and the underlying behaviours, values and principles which impact workers. Ensuring that adequate labour costs are factored into price negoitations is one way to ensure that the payment of living wages to workers in the supply chain is possible.

Methodology

In this question you are being asked to identify whether the company discloses the percentage (%) of orders/volume for which wages and other labour costs (such as wages increases) are isolated/ring-fenced.

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:
- Ring-fencing
- Labour Isolation
- Labour cost
- Purchasing Practices
- Orders

Things to keep in mind:
- if a brand discloses this it is industry best practice

Topics

Value Type