Federated Hermes Limited
Hon Hai Precision Industry Co. Labour Practices Case Study
Pages
4
Time to read
8 mins
Publication
Language
English
Pages
4
Time to read
8 mins
Publication
Language
English
This case study examines the labour policies and practices of Hon Hai Precision Industry Co., Ltd., also known as Hon Hai Technology Group or Foxconn. The document outlines the company's transition from a TV casing manufacturer to a producer of smart devices and electric vehicles, along with its engagement with labour rights issues since 2010. It details the company's commitment to improving its human capital management strategy, particularly following controversies regarding working conditions and the employment of underage workers. The case study highlights the establishment of a new code of conduct to protect worker rights and the company's pledge to raise the minimum working age to 18. It also discusses the company's engagement with stakeholders, including a factory tour in Zhengzhou, China, to assess working conditions and the implementation of its human capital management strategy. The document concludes with a focus on ongoing monitoring and engagement regarding labour practices and sustainability efforts.