” Other markets are moving in a similar path as the capital markets begins to recognize the importance of climate change/ human trafficking and child labor reputation/risk disclosure
Supply chain management and verification relating to human trafficking and child labor will become a reality for most USA companies
Efforts are underway to use XBRL for nonfinancial information that companies disclose which also includes natural and human capital metrics to deal with better corporate governance topics such as global warming, diversity, human trafficking and child labor
Public companies are disclosing additional information besides financial and new platform will take into consideration new data sets of information such as climate change, gender, racial, human trafficking and child labor to directly related public companies to relationships with important local and global stakeholders for better corporate governance.
Meanwhile the EU is moving full force with climate disclosure and also including other non-financial reporting data such as gender pay, human trafficking, child labor and diversity/inclusion data for more than 6,000 public companies located in Europe
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