User:Aspersioncaster/California Transparency in Supply Chains Act of 2010

The California Transparency in Supply Chains Act provides consumers with critical information about the efforts that companies are undertaking to prevent and root out human trafficking and slavery in their product supply chains – whether here or overseas. It was signed into law in September 2010 after winning 56% of the vote in the California State Legislature

Overview

In order to provide consumers with this critical information and to allow consumers to make more educated purchasing decisions, the Legislature mandated the posting of information by certain companies. A company must meet certain criteria to be subject to the law. It must: (a) identify itself as a retail seller or manufacture in its tax returns; (b) satisfy the legal requirements for “doing business” in California; and (c) have annual worldwide gross receipts exceeding $100,000,000. The law requires companies subject to the law to disclose information regarding their efforts to eradicate human trafficking and slavery within their supply chains on their website or, if a company does not have a website, through written disclosures.

Criticism

While compliance is happening and has increased year over year, nearly 48% of qualifying companies, as surveyed by Development International, are still not compliant. Other critics argue that the bill doe not address existing slave labor within the supply chains