Levi Strauss & Co. Faces Legal and Shareholder Pressure Over Labor and Climate Issues
Levi Strauss & Co. is facing a lawsuit from the Clean Clothes Campaign in Amsterdam, alleging misleading claims about labor conditions in its supply chain, while also dealing with shareholder pressure to abandon climate goals. The legal action stems from allegations of worker repression at a Turkish supplier, and the shareholder group argues that climate goals are a hoax.
Tickers: $LEVI
Topics: Climate Goals Labor Conditions Legal Action Shareholder Pressure Supply Chain Ethics