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 a constantly changing world, financial institutions must continually adapt to new risk factors. Regional or global crises like war or natural disasters, in particular, can trigger or fuel criminal activity and related risks,1 including MS/HT...Read More
Anyone can be exploited, or become a victim of modern slavery, no matter their age, gender or nationality. This report focuses specifically on Chinese women, due to the experiences of Caritas Bakhita House, Rahab and Tamar. It is hoped that it can s...Read More
This PhD aims to generate a better understanding of corporate social responsibility (CSR) in global production networks. CSR is an umbrella term that deals with voluntary activities undertaken by companies and that indicate an ethos to act responsib...Read More
Vietnam has consistently featured in official statistics on modern slavery as one of the top three source countries for victims of the crime. Driven by this, the Independent Anti-Slavery Commissioner visited Vietnam in 2015 and subsequently commissi...Read More
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