STAKEHOLDERS + BOARDS
Pretty simple. Shareholders, stakeholders, executives or anyone that invests in or dictates the decision making process of a company should be informed of their ethical/fair trade standards. All board members should approve of those standards and it must be signed by the board of directors. This holds key members responsible for the implementation, upkeep and the advancement of the company's ethical standards.
No standard tackles this specifically. Would love to see this implemented in all fashion standards.
While no standard takes this on, the United Kingdom’s Modern Slavery Act does touch on this point. I think the entire act is worth a read but if you just want the cliff notes, “if the organisation is a body corporate other than a limited liability partnership, must be approved by the board of directors (or equivalent management body) and signed by a director (or equivalent);” (Part 6 - Section 54 - Subsection 6a)