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CALIFORNIA TRANSPARENCY IN SUPPLY CHAINS ACT OF 2010

On January 1, 2012, the California Transparency in Supply Chains Act of 2010 (SB 657) went into effect in the State of California. Under the law, manufacturers and retailers are required to disclose their efforts to eradicate slavery and human trafficking within their supply chains. The law’s underlying purpose is to educate consumers, so they can make informed decisions and purchase goods from companies that responsibly manage their supply chains.

MARKETFLEET’S SOCIAL RESPONSIBILITY

We hold ourselves and our vendors accountable to high ethical standards wherever we do business. Marketfleet works diligently to ensure that our products are produced ethically by our suppliers and in accordance with Marketfleet’s Standards of Vendor Engagement (“Marketfleet’s Standards”), which Marketfleet’s suppliers are subject to as a condition of doing business with us. Marketfleet also undertakes enhanced compliance verification efforts for all vendors producing Marketfleet owned-brand goods overseas.
As good corporate stewards, Marketfleet will not work with any suppliers that engage in human trafficking and/or slavery. As part of our social responsibility program, we conduct audits which serve as a starting point to understand suppliers' compliance infrastructure. Issues such as human trafficking, slavery, forced/prison labor and child labor are zero tolerance violations and Marketfleet will not only not conduct business with suppliers having such practices, but will also report them. Our audits allow us to verify that all labor at our suppliers' factories is voluntary.

MARKETFLEET’S SOCIAL RESPONSIBILITY

CERTIFICATION OF COMPLIANCE WITH LAWS As a condition of doing business with Marketfleet, all of our suppliers warrant that the products they supply to Marketfleet, whether private label brand or Marketfleet’s owned-brand, are manufactured in accordance with all applicable laws, regulations and standards – both of the United States as well as their country of origin. Marketfleet’s Standards expressly prohibit our suppliers from utilizing any forced or compulsory labor. They also mandate that workers receive fair wages and benefits in compliance with all applicable laws. Marketfleet will not do business with a vendor that fails to warrant such compliance. Moreover, Marketfleet will cease to do business with a vendor who fails to live up to that promise, and will also take actions toward reporting them,
Verification of Product Supply Chains
Marketfleet utilizes a risk-based approach, which takes into consideration the general conditions of the country where the product is produced. For example, our verification of social responsibility standards consists of:

  1. Internal and external audits;
  2. Random onsite visits at factories
  3. Worker Interviews

ACCOUNTABILITY AND TRAINING

Marketfleet has a zero-tolerance policy regarding forced labor within our company, as well as in relation to our suppliers. If forced labor is found in a supplier’s factory, the factory is immediately deactivated from Marketfleet’s approved factory list and any merchandise in production there will not be accepted.
Marketfleet administers mandatory training for team members responsible for sourcing and merchandising decisions on an array of topics, including our Standards and Social Compliance responsibilities. We also require team members to comply with strict business conduct guides, which includes a review of our Standards. Our trainings emphasize strong social compliance management practices and focus on preventing and managing related issues, including human trafficking and slavery.
All Suppliers that sign Marketfleet Code of Conduct must adhere to our comprehensive social responsibility requirements and are to follow all law and regulations in the jurisdictions in which our products are manufactured.