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.
Since 2010, FIDH (the International Federation for Human Rights) and Justiça nos Trilhos (JnT) have been working together on the human rights abuses of the steel industry in the state of Maranhão, in Brazil. In May 2011, FIDH and JnT, with Justiç...Read More
The vast majority of modern slavery and human trafficking cases involve interaction with finance in some form. In many cases, traffickers exploit their victims financially, taking control of their bank accounts, confiscating wages, and using debt as...Read More
The Uyghur Forced Labor Prevention Act (UFLPA), signed into law on December 23, 2021, reinforces the United States’ policy to strengthen the prohibition against the importation of goods made with forced labor. The UFLPA ensures support f...Read More
A six step guide to implementing the Employer Pays Principles, in alignment with the UN Guiding Principles on Business and Human Rights. Reflecting the Dhaka Principles for Migration with Dignity, the Employer Pays Principle is a commitment to ensur...Read More
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