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Fair Wear, Solidaridad launch human rights due diligence tool
Yahoo Financeยท 2025-09-16 10:24
Core Viewpoint - The Purchasing Practices Human Rights Due Diligence (HRDD) Framework aims to enhance accountability in supply chains by providing a common basis for assessing brands' practices, focusing on high-risk areas such as production planning and payment terms [1][2][4]. Group 1: Framework Development - The framework is developed with input from various stakeholders, including manufacturers and trade unions, to address power imbalances in supply chains and reduce fragmentation [2][5]. - It is designed to be a recommendation for policymakers, regulators, and investors, emphasizing the need for a shared understanding of responsible purchasing practices [4][3]. Group 2: Implementation and Impact - The RPP Working Group believes that widespread adoption of the framework can lead to more predictable production, secure wages, and healthier working conditions [2][4]. - Technical guidance is expected to be developed by autumn 2025 to assist users in identifying evidence sources and progress markers [4]. Group 3: Accountability and Transparency - The framework aims to contribute to increased transparency, comparability, and accountability within the industry [5]. - It highlights the importance of companies reviewing their purchasing practices as part of their HRDD efforts [4][3].