The Uyghur Forced Labor Prevention Act (UFLPA) and similar laws developing globally are prompting companies to materially enhance their ability to identify forced labour supply chain risk.

Stockholm-headquartered TrusTrace has announced a strategic partnership with Kharon, a leading provider of research and data analytics on global trade compliance, sanctions and other commercial threats.

TrusTrace is currently supporting several of the world’s largest fashion brands with data collection for UFLPA compliance, and the Kharon partnership will help strengthen processes around risk identification and validation.

“Retail and fashion companies around the world need to understand who their suppliers are and what materials they are using in order to comply with the UFLPA law,” said TrusTrace co-founder and CEO Shameek Ghosh. “Our partnership with Kharon will make it easy to assess the ties of individual suppliers to forced labour with up-to-date information integrated directly from Kharon’s platform.”

With more than 8,000 suppliers, 30,000 facilities, 250,000 products and over $18 billion worth of goods tracked on its platform, TrusTrace is a business-critical platform for companies. Its technology empowers brands and suppliers around the world to standardise how supply chain and material traceability data is captured, digitized and shared. With all trusted supply chain traceability data stored on a single platform, brands get the right evidence in the right place to substantiate product claims and meet regulatory compliance.

Through its open architecture, the TrusTrace platform integrates seamlessly with retailer, manufacturer and supplier systems, as well as other third-parties, such as certification agencies, lifecycle datasets and other sustainability solution providers.

“As forced labour awareness continues to accelerate, and as global regulations focusing on forced labour increase, businesses must recognise that the risks of inaction are simply too great,” said Kit Conklin, vice president of global client engagement at Kharon. “By leveraging Kharon’s data alongside the powerful due diligence solutions of TrusTrace, companies can proactively mitigate risk to protect themselves from the legal, financial and reputational fallout that now accompanies exploitation in their supply chains.”

www.trustrace.com