The California Transparency in Supply Chains Act (SB 657) requires companies doing business in California to disclose their efforts to eradicate human trafficking and slavery from their supply chains. This regulation aims to provide consumers with information to make informed decisions about the products they buy and to encourage businesses to implement responsible practices in their supply chains. For procurement and supply chain professionals, compliance with this act is crucial to managing reputational risks and ensuring ethical sourcing. By disclosing their efforts to combat human trafficking and slavery, companies can demonstrate their commitment to social responsibility and human rights. This not only enhances their corporate reputation but also helps in building trust with consumers, investors, and other stakeholders.
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