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.
This report from 2005 researches the weaknesses of social auditing. Social audits to check working conditions in production facilities emerged in the mid-1990s after a number of high profile companies were widely scrutinized for substandard working ...Read More
This briefing paper has been compiled using information included in the Out of the Shadows Index and the ECPAT Country Overview for Nepal. The brief describes Nepal's score on the Out of the Shadows Index, which measured the countryâ€...Read More
British survivors of modern day slavery are not being adequately listened to or heard in the antislavery sector, let alone across the UK. Yet they are the now the largest cohort in the Government’s annual modern slavery referral data. This evasion...Read More
The U.S. Department of Labor (USDOL or the Department) has produced this tenth edition of the List of Goods Produced by Child Labor or Forced Labor in accordance with the Trafficking Victims Protection Reauthorization Act (TVPRA), as amended. Th...Read More
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