California Transparency in Supply Chains Act of 2010 Disclosure Statement
The California Transparency in Supply Chains Act of 2010 (the Act) requires retail sellers and manufacturers doing business in California with over $100 million in worldwide gross receipts to disclose their efforts to eradicate slavery and human trafficking from their direct supply chains. Accordingly, the Act requires Ring to disclose, at a minimum, the following:
- Verification: Ring does not engage in verification of product supply chains to evaluate and address risks of human trafficking and slavery.
- Audit: Ring does not conduct audit of suppliers to evaluate supplier compliance with company standards for human trafficking and slavery in supply chains.
- Certification: Ring does not require direct suppliers to certify that materials incorporated into its products comply with the laws regarding slavery and human trafficking in the country or countries in which they are doing business.
- Internal Accountability: Ring does not maintain internal accountability standards and procedures for employees or contractors failing to meet company standards regarding slavery and human trafficking.
- Training: Ring does not provide company employees or management who have direct responsibility for supply chain management with training in human trafficking and slavery with respect to mitigating risks within the supply chains of products.