Walt Disney Company to Phase out Pakistan Sourcing

The Walt Disney Company is to phase out the sourcing of Disney-branded products from Bangladesh, Belarus, Ecuador, Pakistan and Venezuela over concerns the countries no longer meet its guidelines on working conditions.

In the case of Pakistan, sourcing will be phased out by March 2014—and will lead to the loss of annual export orders worth an estimated U.S. $150 million.

The Walt Disney Company's International Labor Standards Program uses the World Bank's worldwide governance index as the main tool to assess relative country risk, along with data from the International Labour Organization's Better Work programme and the International Finance Corporation.