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Article

15 Sep 2010

Author:
Christian Brothers Investment Services [USA]

Christian Brothers Investment Services Leads Investor Coalition to Encourage Governor's Support of California Supply Chain Transparency Bill [USA]

Christian Brothers Investment Services (CBIS)...has sent a letter to California Governor Arnold Schwarzenegger encouraging him to sign SB 657, a bill that...would require retailers and manufacturers doing business in California to disclose their efforts to eradicate slavery and human trafficking from their direct supply chain...The letter...includes 32 signatories...[with] a total of $40 billion in assets under management...If signed, the bill will impact approximately 3,200 global companies...It will require companies to publicly disclose on their website what policies they have in place to ensure that their supply chains are free of slavery and trafficking...[refers to The Gap, Nike, Target, Walmart, Disney, Levi Strauss, Tiffany]