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.
Among countless severe consequences, the current international COVID-19 emergency has created a global financial crisis of a scale rarely encountered in modern history. Systemic economic and social inequalities across societies are being laid bare a...Read More
Labour migration may benefit employers and workers, and across the world recruitment agencies play an important role in matching migrant workers with available jobs. However, while the cost of recruitment of higher skilled migrant workers tends to b...Read More
This Inter-Agency Coordination Group against Trafficking in Persons (ICAT) Issue Brief explains the role of public procurement in preventing trafficking for forced labour. It outlines the international and national policy framework; elaborates on va...Read More
The data in this report represents signals and cases from January 1, 2019 through December 31, 2019 and is accurate as of July 30, 2020. Cases of trafficking may be ongoing or new information may revealed to the National Hotline over time. Consequen...Read More
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