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Going Global With ESG Investing

Environmental, Social, and Governance Factors
Article

by Matthew Blume, CFA of Pekin Hardy Strauss Wealth Management  

7 Reasons Why Sweatshops Still Persist

Key supply chain realities that can help us see why sweatshops persist
Summary: 

(This article originally appeared on Triplepundit.com & the NonprofitHive.org)

Talk to any conscious consumer about sweatshops, and they are likely to ask you – “what company is ‘sweat free’?”

The answer is not simple. Although some companies do a much better job than others, it’s easier to name companies that are not sweat-free. Strictly talking about factories that produce for export to global retailers, supply chain management practices can enable sweatshop conditions. Since the term ‘sweatshop’ describes abusive workplace conditions, consumers should be conscious of how this happens, to ask the right questions and become part of the solution.

There are 7 key supply chain realities, which can help us see why sweatshops persist:

 

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(This article originally appeared on Triplepundit.com & the NonprofitHive.org)

Talk to any conscious consumer about sweatshops, and they are likely to ask you – “what company is ‘sweat free’?”

The answer is not simple. Although some companies do a much better job than others, it’s easier to name companies that are not sweat-free. Strictly talking about factories that produce for export to global retailers, supply chain management practices can enable sweatshop conditions. Since the term ‘sweatshop’ describes abusive workplace conditions, consumers should be conscious of how this happens, to ask the right questions and become part of the solution.

There are 7 key supply chain realities, which can help us see why sweatshops persist:

 

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