HACE provides a Child Labour Index that utilizes sector-specific risk data and governance assessments to help investors identify and manage child labour risks in corporate supply chains. The company also offers an Engagement Toolkit that equips investors with targeted strategies for effective communication and intervention, promoting ethical practices and reducing potential liabilities.
Funding
$570K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Investors lack comprehensive tools to identify and manage the risks associated with child labor in corporate supply chains, hindering their ability to promote ethical practices and mitigate potential liabilities. Existing risk assessments often lack sector-specific data and effective engagement strategies.
Solution
HACE provides a Child Labour Index that leverages sector-specific risk data, governance assessments, and public perception analysis to enable investors to identify and manage child labor risks within their portfolios. The AI-driven index scores and benchmarks companies based on their exposure to child labor, incorporating corporate governance frameworks and sentiment analysis alongside supply chain risks. HACE also offers an Engagement Toolkit that equips investors with tailored guidance and communication strategies to engage with companies based on their risk profiles, promoting better corporate practices and addressing risks effectively. By providing targeted risk data and qualitative engagement support, HACE empowers investors and companies to have informed dialogues about child labor risks in supply chains and drive impactful actions against child labor practices.
Target Audience
The primary audience includes asset owners, asset managers, wealth managers, and banks looking to identify and minimize the business and investment risks associated with child labor in global supply chains.
Features
- AI-driven Child Labour Index that scores companies based on disclosure levels, public perception, and commodity-level exposure of the supply chain to child labor
- Sector-specific risk data and governance assessments to identify high-risk companies
- Engagement Toolkit with tailored guidance and communication strategies for effective intervention
- Benchmarking of companies based on their exposure to Child Labour risk
- Analysis of corporate governance frameworks and public sentiment