
Question 1 – do we need a binding international convention on corporate responsibility for labour standards in global supply chains?
A binding international convention on corporate responsibility for labour standards in global supply chains is desperately needed. The International Trade Union Confederation estimates that around 60% of global trade in the real economy depends on the supply chains of 50 corporations, which employ only 6% of workers directly and rely on a hidden workforce of 116 million people. These obscure employment relations mean that labour exploitation is rampant and can flourish un-detected.
Without placing obligations on the real power-holders in global supply chains, nation-states will remain relatively powerless to improve the conditions of workers.