Human Rights Policy
Fossil Group, Inc., its affiliates and subsidiaries, (collectively “Fossil Group”, “we”, “us” or “our”) are committed to respecting and promoting internationally recognized human rights principles throughout our global enterprise. As such, we have a long-standing commitment to ethical and responsible conduct in all our operations, to improve the quality of life in the communities we serve, and to respect the human rights of all people. This policy is aligned with our values and our aspiration to make the world greater, together.
We are committed to the principles set forth in the UN Guiding Principles (UNGP) on Business and Human Rights, the Universal Declaration of Human Rights (UDHR), the International Covenant on Civil and Political Rights (ICCPR), the International Covenant on Economic, Social, and Cultural Rights (ICESCR), and the International Labor Organization’s (ILO) Declaration on Fundamental Principles and Rights at Work. Such principles guide this policy, but the statements contained herein, and standards established hereby are unique to Fossil Group.
Through proactive due diligence aligned with the UNGP on Business and Human Rights, we seek to avoid adverse human rights impacts and complicity in the adverse impacts caused by others. We are committed to effective remedies, if we cause or contribute to an adverse impact. This commitment extends to collaborating with others to find solutions and not obstructing access to other remedies that reduce human rights impacts. Our ongoing work is to embed human rights considerations in all relevant business decisions. This commitment applies globally to our own operations, our products, and our business relationships, including our supply chain. In addition, we will continue to look for ways to promote and advance human rights within our sphere of influence.
Communications and Engagement
As a member of the United Nations Global Compact, we provide our Communication of Progress report on an annual basis. Our performance will be communicated and reported in our corporate responsibility report.
Our Areas of Impact
We have three priority areas of impact:
- Our Employees
Our employees around the world deserve to be treated with respect and dignity and we share that responsibility individually and collectively. We implement this policy and demonstrate our commitment through the Fossil Group Code of Conduct and Ethics and our Equal Employment Opportunity Statement. Employees are required to complete Fossil Group Code of Conduct and Ethics training annually to ensure their understanding of our commitment and expectations.
Fossil Group requires employees and management who have direct responsibility in Supplier Compliance to take annual trainings. The training topics are focused on issues and concerns pertaining to the supply chain, including human trafficking and slavery, with a focus on mitigating risks.
- Our Supply Chain Partners
We have a responsibility to respect the human rights of people who help make our products. Our commitment applies not only to our workforce but also to the businesses we contract with around the world in our supply chain. We strive to ensure that human rights are upheld for all workers involved in our supply chain, and that those individuals experience safe, fair and non-discriminatory working conditions. We do not tolerate any human rights abuses, including but not limited to, human trafficking, child labor, and forced labor. We expect that our business partners will share this commitment.
Through signed Manufacturing Agreements, our Conflict Minerals Policy, and our Code of Conduct for Manufacturers, all of which are based on international human rights and labor standards, we outline the guiding principles and set standards of workplace conduct for the factories that produce our products. Areas of focus include the following topics: Child Labor, Involuntary Labor, Coercion and Harassment, Nondiscrimination, Association, Health and Safety, Compensation, Hours of Work, Protection of the Environment and other applicable areas of concern. We implement our human rights commitment and enforce it in agreement with our Social Compliance Statement through our factory audits, training and remediation. Our Supplier Compliance team may be contacted at email@example.com.
We evaluate our supplier’s compliance with the Manufacturer Code through audits conducted by Fossil Group employees and/or third-party compliance auditing firms.
As part of our risk assessment, we require completion of a factory self-assessment of all potential Tier 1 and Tier 2 component suppliers. We evaluate the responses and determine if follow-up questions are needed. A manufacturer’s geographic location, the nature of its manufacturing activities and anticipated production output are included in our evaluation of the risk of the supplier.
Supplier and Fossil Group employees that feel ethical standards in business may have been compromised can call in to a supplier hotline or Fossil Group hotline, which allows for anonymous submissions. Reports received through the hotlines are reviewed and investigated, as appropriate, and remedial actions are taken as necessary.
- Our Customers
While human rights is a responsibility of all of us at Fossil Group, executive oversight and responsibility for the implementation of this policy rests with our Chief Operating and Financial Officer. A committee of our Board of Directors oversees this policy at the board level. The committee reviews and evaluates company programs, policies and practices relating to social and environmental issues and impacts to support the sustainable growth of our business.
As a global company we are committed to protecting and respecting human rights of our employees, our supply chain partners, and our customers. This commitment is reflected in our policies and procedures. Through proactive due diligence, we seek to avoid adverse human rights impacts, and, when identified, we work swiftly to remedy any issues. In order to integrate human rights considerations into the management of our business, human rights due diligence is part of our risk assessment for new production and sales locations. For existing production and sales locations, we will evaluate human rights related risks and conduct human rights impact assessments on high-risk markets. Risk and impact assessments are used for identifying actual and potential human rights impacts from our business activities, which are then managed by the relevant business functions.
At Fossil Group, we’re home to a collection of global brands, connecting people to what matters most, time. Time to think differently. Time to see the good in every detail. Time to express individuality. Time to create success. Time to respect the human rights of all people. Time to make the world greater, together.
Chairman and CEO, Fossil Group