Modern slavery and its manifestations (including forced labour, debt bondage, money laundering and human trafficking) are illegal practices in all CDC investment geographies. However, such practices remain present, are often intentionally well hidden, and still present significant social and human rights impacts and risks to many emerging market investors. Proactive and thoughtful due diligence is an important aspect in helping investors understand modern slavery risks evident in supply chains or via intermediated contracts, and which require innovative approaches to resolve. COVID-19 has exacerbated and accelerated modern slavery and other labour practice risks.
In September 2022, HRC published a briefing addressing the emerging organised crime of victims systematically trafficked to scamming compounds in Southeast Asia. The briefing led to many inquiries from journalists and a subsequent growth in media co...Read More
The authors are a group of investors working to help end modern slavery, which currently affects an estimated 40 million people globally, with 70% of that number estimated to be in the Asia-Pacific region. IAST APAC was established in 2020, based on...Read More
It is clearer than ever that human trafficking is not an isolated problem. This is evident from the reports published by the National Rapporteur in recent years. The Human Trafficking Victims Monitoring Report 2016–2020 highlights this once again....Read More
Human trafficking and exploitation are crimes that prey on the most vulnerable in society, both within Scotland and across the world. They are abuses of human rights that have life-changing negative impacts for victims. A Corporate Group has been...Read More
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