California Supply Chains Act
Corporate Disclosure in Compliance with SB 657 California Transparency in Supply Chains Act (Human Trafficking and Anti-Slavery)
At Wayarc, we uphold a set of core beliefs: respect for the individual, service to customers, striving for excellence, and acting with integrity. These principles extend to our suppliers, and we hold them to the same high standards.
Our Responsible Sourcing program traces its roots back to our inception when we established Standards for Suppliers. Over the years, these Standards have evolved, but their essence remains unchanged—they represent Wayarc’s fundamental expectations regarding social and environmental practices. Among these expectations is a crucial requirement: suppliers must exclude involuntary labor from their operations and supply chain. This includes underage, forced, coerced, bonded, involuntary prison, exploited, trafficked, or indentured labor. We incorporate these Standards into our supplier agreements.
However, responsible sourcing goes beyond mere compliance monitoring. At Wayarc, we take a multi-front approach:
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Collaboration: We recognize that addressing forced labor and human trafficking requires collective effort. We actively collaborate with external stakeholders to identify risks and build a more transparent supply chain.
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Training and Capacity Building: We invest in training programs that empower suppliers to understand and address these complex issues. By building capacity, we create a ripple effect of positive change.
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Motivation for Continuous Improvement: Our goal isn’t just to meet minimum requirements; it’s to continuously improve. We motivate suppliers to remediate any issues identified during audits and strive for excellence.
Verification and Risk Assessment
We continually evaluate risks within our supply chain, including the potential for forced labor and human trafficking. Our formal risk assessment process relies on Worldwide Governance Indicators from the World Bank. These indicators consider factors like government effectiveness, rule of law, control of corruption, and government stability—critical elements that impact compliance risks in facilities producing goods.
Additionally, our facility auditing program and investigations help us stay vigilant. But we recognize that dialogue and collaboration are equally vital. By engaging with external stakeholders, we gain insights and collectively work toward a more ethical supply chain.
Auditing and Transparency
Our suppliers play a crucial role in this journey. They must disclose all facilities within Wayarc’s scope. Audits are a key component of our approach. We allocate audit resources based on risk, focusing on countries where impact is most needed. Facilities fall into three risk categories based on World Bank indicators, determining their audit requirements.
When an audit is necessary, we require suppliers to use recognized third-party programs. These programs focus on forced labor and human trafficking, providing audit protocols, training, and tools. Wayarc reviews audit findings and assigns color ratings to audited facilities. These ratings guide suppliers in remediation efforts.
At Wayarc, we don’t settle for compliance—we strive for excellence. Our commitment to transparency ensures that every step we take contributes to a responsible and ethical supply chain.