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Article

10 Jun 2011

Author:
Norwegian Government Pension Fund

Walt Disney, Ericsson Among Companies With Top Marks for Child Labour Risk Disclosure

Walt Disney, Ericsson and Hennes & Mauritz [H&M] were among 9 out of 527 companies to get top marks for managing and reporting on the risks of child labour use and children’s rights violations in their operations and supply chains...Intel, Motorola, Anglo American, Phillips-Van Heusen, Gildan Activewear and Xstrata were also among the companies to get full marks in [Norwegian Govt. Pension Fund] NBIM’s third...annual assessment...A total of 232 companies had zero points...NBIM annually assesses the extent to which the companies it invests in meet its expectations, as outlined in the document NBIM Investor Expectations on Children’s Rights, and publishes the results in compliance reports. The evaluations are based entirely on the companies’ public reporting on these issues. [other companies with top score: Motorola Inc (now Motorola Mobility, Motorola Solutions), Intel, Anglo American, Phillips-Van Heusen, Gildan Activewear, Xstrata]