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 2021 Survivor Alliance World Congress marked a pivotal moment for survivor leadership in the international fight against modern-day slavery and human trafficking. For the first time, survivor leaders outnumbered our allied colleagues as plann...Read More
By Robin Broad, John Cavanagh, Catherine Coumans, and Rico La Vina The authors of this report—researchers from the United States, Canada, and the Philippines—have studied OceanaGold’s operations in the Philippines and other countries. The have...Read More
This report warns that global progress to end child labour has stalled for the first time in 20 years. The number of children aged 5 to 17 years in hazardous work – defined as work that is likely to harm their health, safety or morals – has rise...Read More
Responsible business conduct by European companies plays a crucial role in ensuring that EU policies on human rights are effectively implemented, including with regard to labour. The EU is committed to promoting the implementation of responsible bus...Read More
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