Policy Impact Analysis - 117/S/4101

Bill Overview

Title: Combating Human Rights Abuses Act of 2022

Description: This bill requires the Department of Commerce to offer guidance to U.S. businesses, including those considering transactions with entities subject to the influence of countries where significant human rights abuses have occurred, about issues such as (1) the human rights abuses perpetuated by China's government, (2) risk factors that may be used to identify entities subject to the influence of governments implicated in human rights abuses, and (3) ways to avoid doing business with such entities. Commerce must also provide training related to human rights issues to Commerce employees who provide counseling services to businesses.

Sponsors: Sen. Peters, Gary C. [D-MI]

Target Audience

Population: Individuals impacted by human rights abuses, and indirectly those in business transactions with such entities

Estimated Size: 10000000

Reasoning

Simulated Interviews

Supply Chain Manager (Seattle, Washington)

Age: 45 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 5.0 years

Commonness: 8/20

Statement of Opinion:

  • I think the policy is necessary; human rights are important.
  • Short term, it will mean a lot of re-evaluating our suppliers, which is stressful.
  • Long term, it might make our company more ethical but could impact cost structures.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 6
Year 2 6 6
Year 3 7 6
Year 5 7 5
Year 10 8 5
Year 20 8 5

Commerce Department Employee (New York City, New York)

Age: 32 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 20.0 years

Commonness: 5/20

Statement of Opinion:

  • I look forward to the training; it's crucial to understand international human rights contexts better.
  • This will enhance our advisory capabilities for businesses.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 8 7
Year 3 8 7
Year 5 9 7
Year 10 9 8
Year 20 9 8

Small Business Owner (Dallas, Texas)

Age: 39 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 15/20

Statement of Opinion:

  • I don't see a huge impact on my business immediately, but costs might go up if I have to change suppliers.
  • Ethically, it's the right decision, but financially, I'm worried.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 5
Year 3 6 5
Year 5 7 5
Year 10 7 5
Year 20 7 5

Tech Industry Employee (San Francisco, California)

Age: 28 | Gender: female

Wellbeing Before Policy: 8

Duration of Impact: 4.0 years

Commonness: 10/20

Statement of Opinion:

  • I appreciate knowing our company is aligning with better human rights practices.
  • It might affect our job stability if costs go up drastically.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 8
Year 2 8 7
Year 3 7 6
Year 5 8 6
Year 10 9 6
Year 20 9 5

Corporate Legal Counsel (Chicago, Illinois)

Age: 50 | Gender: male

Wellbeing Before Policy: 7

Duration of Impact: 8.0 years

Commonness: 7/20

Statement of Opinion:

  • This policy will increase our focus on compliance and potential legal risks.
  • It's essential and aligns with global human rights values.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 7 7
Year 2 7 6
Year 3 8 6
Year 5 8 6
Year 10 9 6
Year 20 9 6

College Student (Miami, Florida)

Age: 22 | Gender: female

Wellbeing Before Policy: 9

Duration of Impact: 5.0 years

Commonness: 20/20

Statement of Opinion:

  • This policy is significant for future business leaders to understand human rights risks.
  • It aligns with what my generation values.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 9 9
Year 2 9 9
Year 3 9 9
Year 5 9 9
Year 10 9 9
Year 20 9 9

Investor (Austin, Texas)

Age: 41 | Gender: male

Wellbeing Before Policy: 6

Duration of Impact: 6.0 years

Commonness: 12/20

Statement of Opinion:

  • Clear guidelines can support more ethical investments.
  • I'm concerned but optimistic about the future profitability.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 7 6
Year 3 8 6
Year 5 8 6
Year 10 9 6
Year 20 9 6

Ethical Sourcing Consultant (Portland, Oregon)

Age: 36 | Gender: female

Wellbeing Before Policy: 7

Duration of Impact: 10.0 years

Commonness: 9/20

Statement of Opinion:

  • The demand for my services might increase as businesses look to comply with guidelines.
  • It's a positive shift for global supply chains.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 8 7
Year 2 8 7
Year 3 9 7
Year 5 9 7
Year 10 9 7
Year 20 9 7

CEO of a Manufacturing Firm (Atlanta, Georgia)

Age: 55 | Gender: male

Wellbeing Before Policy: 5

Duration of Impact: 5.0 years

Commonness: 9/20

Statement of Opinion:

  • Shifting operations to align with the policy will be challenging.
  • We aim to manage cost increases and stay ethical.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 5 5
Year 2 6 5
Year 3 7 5
Year 5 7 5
Year 10 8 5
Year 20 8 5

Retired Teacher (Boston, Massachusetts)

Age: 67 | Gender: female

Wellbeing Before Policy: 6

Duration of Impact: 3.0 years

Commonness: 18/20

Statement of Opinion:

  • It's heartening to see more accountability being introduced through policy.
  • As a consumer, I hope to see positive changes in company practices.

Wellbeing Over Time (With vs Without Policy)

Year With Policy Without Policy
Year 1 6 6
Year 2 6 6
Year 3 6 6
Year 5 6 6
Year 10 7 6
Year 20 7 6

Cost Estimates

Year 1: $150000000 (Low: $120000000, High: $180000000)

Year 2: $90000000 (Low: $70000000, High: $110000000)

Year 3: $90000000 (Low: $70000000, High: $110000000)

Year 5: $90000000 (Low: $70000000, High: $110000000)

Year 10: $90000000 (Low: $70000000, High: $110000000)

Year 100: $90000000 (Low: $70000000, High: $110000000)

Key Considerations