Company Directory - Trident
Company Details - Trident
Trident
Trident is a private equity firm founded in 2017 that specializes in acquiring US-based small businesses. The firm focuses on partnering with management teams to unlock value in high-potential, small companies.
CCI Score
CCI Score: Trident
11.40
-0.01%
Latest Event
Forced Labor Supply Chain Concerns Raised for Trident
NGOs have pressed Trident for transparency regarding its sourcing practices amid allegations of forced labor in its supply chain. The inquiry highlights potential ethical oversights in managing human rights risks associated with forced labor, raising concerns about complicity in broader authoritarian practices.
Take Action
So what can you do? Support by shopping, spreading the word, or offering your support.
- Shop Alternatives
SEE ALL - Use Your Voice
OTHER TOOLS - Investigate
- Share the Score
SUPPORT CCI
SABOTEUR
Trident is currently rated as a Saboteur.
Latest Events
- JUL152024
NGOs have pressed Trident for transparency regarding its sourcing practices amid allegations of forced labor in its supply chain. The inquiry highlights potential ethical oversights in managing human rights risks associated with forced labor, raising concerns about complicity in broader authoritarian practices.
-70
Supply Chain Ethics
March 26
Trident was named among major buyers being questioned by a coalition of NGOs over sourcing from Chinese companies allegedly using forced labor. This event underscores a significant lapse in supply chain ethics, suggesting potential complicity in human rights abuses linked to authoritarian practices.
Sysco, Trident among big firms asked for updates on forced labor sourcing investigations
- JUL132024
NGOs have raised concerns over forced labor practices linked to Trident's supply chain. Forced labor of Uyghur workers in seafood processing factories in Shandong province, China, has been reported, implicating suppliers to US companies. This raises serious ethical questions about supply chain practices and accountability.
-80
Supply Chain Ethics
March 26
The allegations of forced labor, particularly involving Uyghur workers in seafood processing facilities, point to a severe breach in supply chain ethics. Forced labor practices are inherently complicit in supporting authoritarian regimes by exploiting vulnerable workers, which directly undermines ethical business practices and labor rights. Trident, being implicated through its supply chain relationships, scores negatively as it is linked to these unethical practices.
NGOs turn up heat on Trident, Sysco, High Liner over forced labor allegations
- MAR062024
Trident Seafoods, led by CEO Joe Bundrant, suspended trade with a Chinese supplier after reports of human rights abuses and potential forced labor, including the use of North Korean workers, were brought to light. The company initiated an independent inquiry and partnered with the Outlaw Ocean Project, demonstrating its commitment to ethical labor practices and supply chain transparency.
+80
Labor Relations and Human Rights Practices
March 26
Trident’s swift move to suspend trade with a supplier accused of human rights abuses illustrates a strong commitment to protecting labor rights. This decisive action, coupled with initiating an independent investigation, aligns with anti-fascist values that prioritize worker protection and ethical business practices.
Trident Investigates Reports of Human Rights Abuses by Chinese Supplier – Fishermens News
+85
Supply Chain Ethics
March 26
By terminating its contract with a supplier implicated in human rights violations and engaging with independent oversight, Trident demonstrates a proactive approach to maintaining an ethical supply chain. This move helps mitigate the risk of complicity in oppressive labor practices and supports broader efforts against authoritarian exploitation in global supply chains.
Trident Investigates Reports of Human Rights Abuses by Chinese Supplier – Fishermens News
- FEB262024
Trident Seafoods has taken decisive action by terminating its relationship with a Chinese supplier accused of using forced labor from North Korean workers, and has launched an internal investigation to assess potential gaps in its oversight and CSR programs.
+60
Supply Chain Ethics
March 26
The company promptly cut ties with the supplier implicated in forced labor violations and initiated an independent investigation to determine how these breaches occurred in its supply chain. This action demonstrates a commitment to ethical sourcing and reducing complicity in human rights abuses, though the initial lapse indicates room for improvement.
Trident Seafoods Focusing on Forced Labor Violations in Supply Chain
+50
Labor Relations and Human Rights Practices
March 26
Trident Seafoods has publicized its longstanding CSR program, including rigorous food safety, quality assurance, and human rights standards. In response to the allegations, the company is conducting an internal review on its human rights and supplier code of conduct, which reflects accountability and willingness to improve labor practices despite previous oversights.
Trident Seafoods Focusing on Forced Labor Violations in Supply Chain
- OCT192023
Trident, a private equity firm, has launched the American Dreams Fellowship, a philanthropic program that provides grants and support to minority professionals and independent sponsors in the small business acquisition sector. This initiative aims to address the longstanding lack of diversity in the financial services sector and promote greater inclusion within the industry.
+85
Business Practices and Ethical Responsibility
March 26
Trident's launch of the American Dreams Fellowship is a positive step in addressing systemic inequities in the financial industry by providing resources and support to minority professionals. This initiative demonstrates strong business practices and ethical responsibility, with a clear focus on increasing diversity and inclusion in the traditionally exclusive small business acquisition landscape. The program can be seen as a countermeasure to the exclusionary practices that can underlie authoritarian economic structures.
Trident launches 'Dreams Fellowship' focusing on American small business