G7 countries are taking action to promote sustainable global supply chains by boosting labor rights, decent working conditions and environmental protection. Group of Seven (G7) member countries are Canada, France, Germany, Great Britain, Italy, Japan, and the United States.
An estimated 450 million people work in global supply chains. A multi-donor Vision Zero Fund will be created. The fund will support social dialogue and standards on occupational safety and health and fundamental principles and rights at work in global supply chains.
About 2.3 million men and women die every year from work-related accidents and diseases. An estimated four per cent of the world’s GDP is lost annually due to the costs of work-related accidents and diseases. The Vision Zero Fund will help prevent and reduce the number of workplace-related deaths, injuries and diseases. Gaining access to global supply chains can be an important part of strategies for poverty reduction. The fund will help make this route safer.
G7 has also expressed support for the implementation of the 2030 Agenda for Sustainable Development and its sustainable development goals, especially by working alongside developing countries. It also stressed the need to provide more information to consumers and to promote more responsible value chains.
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