Supply Chain Transparency: Reporting Forced Labor and China Ties.
This law requires large, publicly traded companies to disclose information about the origins of their products, especially concerning the risk of forced labor in China's Xinjiang region. The goal is to increase corporate ethical responsibility and provide consumers with knowledge about where their goods come from. This allows citizens to make more informed purchasing decisions, supporting ethical supply chains.
Key points
Companies must report if their imported products are linked to forced labor in Xinjiang, China.
Requirement to disclose transactions with US-sanctioned companies or those linked to the Chinese Military-Industrial Complex.
US companies operating in China must report annually on the existence and participation of any Chinese Communist Party committee within their operations.
Status:
Expired
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