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.
In-depth research carried out by Verité has found that Latin American countries export staggering amounts of illegally mined gold, which is tied to human trafficking, as well as legal and reputational risk for major companies with gold in their su...Read More
This study contributes knowledge about anti-trafficking faith-based and non-faith-based NGOs—how they compare in their goals and mission, why they do what they do, the care philosophies and services that they have, and how they can work together. ...Read More
The U.S. Department of Labor has prepared the 2021 Findings on the Worst Forms of Child Labor in accordance with the Trade and Development Act of 2000 (TDA). (1) The TDA set forth the requirement that a country must implement its commitments to elim...Read More
The decreasing cost of Information and Communications Technologies (ICTs) and increasing mainstreaming of new technologies have resulted in wider application of digital tools to address global problems such as human trafficking and forced labour. Th...Read More
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