Chennai, Dec 10( BPNS)Gap Inc., the largest U.S. specialty retail company, has won the 2022 Award for Corporate Excellence (ACE) for Responsible Business Operation from the U.S. Department of State. The company that champions women workers in India has been selected for the honor for Responsible Business Operations, specifically for taking care of people beyond their direct employees. U.S. Secretary of State Antony Blinken will present the award to Gap Inc. on December 9 (Friday).
Gap Inc. has trained over one million women and girls in technical skills within the company’s supply chain and community settings.
When the COVID-19 pandemic hit and Gap Inc.’s suppliers were unable to pay their employees, the company stepped in and negotiated payment of wages owed by their suppliers to those employees to ensure financial security for those most vulnerable to the economic impacts of the pandemic. Its action also supported an uninterrupted supply chain at a time the world saw an upheaval due to the pandemic.