The Uyghur Forced Labor Prevention Act (UFLPA) is a law that was passed on December 23, 2021. The UFLPA was created to stop the import of products into the U.S. made with forced labor from the Xinjiang region of China. The law has a "rebuttable presumption" which became effective on June 21, 2022

The nexus between environmental, social and governance (ESG) factors and international supply chains is a complex one. To begin with, it is essential to understand that ESG factors can have both direct and indirect impacts on supply chains. For example, a company’s carbon emissions can directly impact the environment in which its suppliers operate, while its labor practices can indirectly impact supplier employees.

Let’s start with the basics. What are industry standards, and why do they matter?

Industry standards are the norms or conventions established by an industry or sector. They can be voluntary, such as in the case of best practices, or they can be mandatory, as is often the case with regulatory requirements.