California Transparency in Supply Chains Act Statement
The California Transparency in Supply Chains Act of 2010 (SB 657), which went into effect January 1, 2012, requires certain entities doing business in the State of California to disclose their efforts to eradicate slavery and human trafficking from its tangible-goods supply chain. As a manufacturer doing business in the State of California, NTN Bearing Corporation of America, and its affiliates (“NBCA”) issues this statement of compliance with the Act.
NBCA recognizes that modern slavery and human trafficking exist globally. We state, unequivocally, that we do not condone or engage in the use of forced or trafficked labor in the production of our products. Our products are manufactured, sold, and distributed with the highest standards and in compliance with all applicable federal, state and local laws, including adherence to all employment, labor, and human rights laws. NBCA’s suppliers are expected to conduct business in an ethical and lawful manner and in accordance with our Human Rights, Business Code of Conduct, and other ethics policies. As such, NBCA’s suppliers verify their compliance with all federal, state and local laws, including employment, labor and human rights laws, through signed procurement agreements. It is not acceptable for any of our suppliers to promote or sanction the use of forced or trafficked labor in its operations.
NBCA is committed to enforcing its policies on human rights and its commitment to ethical business practices. Any supplier who fails to honor its legal and ethical commitments under its contract with NBCA is deemed to be in violation of the law and breach of contract – both of which are subject to NBCA’s demand for corrective actions and/or immediate termination of contract.
Further, NBCA requires all of its employees to acknowledge receipt of and adhere to its Code of Conduct and ethics policies, which includes compliance with labor related laws and the respect for human rights.
NBCA remains committed to ensuring compliance of all federal, state a local laws within our own business practices and throughout our supply chain partners, through contractual obligation and commitment. NBCA will continue to make efforts to ensure that our supply chains prevent forced labor and human trafficking, and to further raise our employees’ awareness of these abuses through NBCA’s employee policies.