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adidas may create private fund for problems facing workers
Oct '12
On October 23, 2012, at the request of the adidas Group, the Global Forum for Sustainable Supply Chains will convene a multi-stakeholder meeting of companies, international institutions, insurance experts and civil society to discuss the possible creation of a private fund or insurance product that would provide additional coverage to workers affected by factory closures and non–payment of wages and benefits. 

The purpose of this meeting is to explore solutions to problems facing workers who do not receive the severance pay and benefits owed by their employers when a factory shuts down. 
The Global Forum supports stakeholders in developing programs to address regulatory gaps throughout their supply chains, especially related to multi-faceted issues including violations of labor and human rights or environmental protection. These issues often involve supply chain actors who are not adequately represented and whose voice is not heard by decision-makers.
The Global Forum was established by Fair Labor Association (FLA) in 2011 as an independent, honest broker of interests and source of information.

Fair Labor Association (FLA)

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