US Slips in Supply-Chain Ranks After Child-Labor Violations
- Goldman Sachs-owned analysis firm assigns EM-like risks to US
- US, EU in discussions over proposed due diligence requirements
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The US has joined a list of mostly emerging-market countries where ESG supply-chain risks are “high,” after the world’s richest economy failed to provide adequate protections for vulnerable populations including migrant children, according to a fresh study.
The US saw its ranking decline on almost all metrics, according to an analysis published Wednesday by Elevate, an ESG advisory and analytics company that’s owned by LRQA, which sits in the investment arm of Goldman Sachs Group Inc.