Shein’s possible London IPO, according to Amnesty International UK, would be a “badge of shame” for the London Stock Exchange due to the fast-fashion company’s “questionable” labour and human rights standards. This was said on Tuesday.

According to two people who spoke with Reuters on Monday, Shein secretly submitted documents with the British markets regulator in June, beginning the process for a possible London IPO later this year.

According to Dominique Muller, a researcher for Amnesty International who focuses on the apparel business, “rewarding Shein’s current methods via a flotation would be a badge of shame for the London Stock Exchange,” the organisation claimed.

Shein did not answer Reuters’s inquiries for comment right away. LSEG said it would not comment.

Shein has already declared that it is making investments to improve supply chain governance and compliance.

Shein’s ambitions to list have encountered political resistance in the US due to labour issues.

Because of the company’s supply chain problems, the China Securities Regulatory Commission (CSRC) notified Shein early this year that the agency would not advise a U.S. IPO, according to Reuters.

Amnesty International reported that Shein officials recently met with Amnesty representatives and then wrote responses to a number of queries about human rights.

(Adapted from USNews.com)