However, business leaders need to collaborate in order to do this. My recommendations focus on the need to develop relevant risk management processes and the need to create better systems to share intelligence. I also strongly encourage growing collective action initiatives by investors and suggest that financial services could be a powerful force to encourage action to address significant risks in the electronics business. Finally, until the government legislates to extend Section 54 of the Modern Slavery Act to cover financial portfolios I suggest that business covers these areas voluntarily in their annual modern slavery statements. The financial services sector should ensure that it integrates modern slavery and human trafficking risk across all its business processes, in the same way that it has approached environmental risk.
The data in this report represents signals and cases from January 1, 2017 through December 31, 2017 and is accurate as of July 11, 2018. Cases of trafficking may be ongoing or new information may be revealed to the National Hotline over time. Conseq...Read More
Illegal, unregulated and unreported (IUU) fishing undermines the responsible management of commercial fishing and ocean conservation. It exploits the natural resources of coastal nations, reduces economic opportunity and threatens food security. IUU...Read More
The declaration encourage OSCE participating States to work with the business sector to apply principles of due diligence and transparency in assessing and addressing risks of exploitation throughout supply chains and ensuring that workers have acces...Read More
In September 2017, The Evening Standard and The Independent, in partnership with the Independent Anti-Slavery Commissioner, launched a three-month special investigation into the issue of modern slavery. The special investigation, which was personally...Read More
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