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 Role of the Financial Sector in Eradicating Modern Slavery: CEOs Respond to the Independent Anti-Slavery Commissioner - Independent Anti-Slavery Commissioner, 2021 DOWNLOAD

post

page

attachment

revision

nav_menu_item

custom_css

customize_changeset

oembed_cache

user_request

wp_block

wp_template

wp_template_part

wp_global_styles

wp_navigation

wp_font_family

wp_font_face

acf-taxonomy

acf-post-type

acf-field-group

acf-field

ai1ec_event

exactmetrics_note

Exploring Intersections of Trafficking in Persons Vulnerability and Environmental Degradation in Forestry and Adjacent Sectors
Publications

This report presents findings from two case studies conducted in Burma as part of a larger exploratory research project undertaken by Verité in 2018-2019, with the aim of examining the linkages between environmental degradation and vulnerability to...Read More

Creating Consequences: Canada’s Moment to Act on Slavery in Global Supply chains
Publications

In this report we examine just the tip of this iceberg, reviewing some of the most visible signs of Canadian business ties to forced labour abroad. Companies are importing into Canada large quantities of goods from industries in which forced labour ...Read More

Without Rules: A Failed Approach to Corporate Accountability
Publications

Many global businesses are run with consideration for the well-being of the people whose lives they touch. But others—whether through incompetence or by design— seriously harm the communities around them, their workers, and even the governments...Read More

Sharing Our Strengths- Understanding similarities and differences between faith-based and non-faith-based anti-trafficking NGOs
Publications

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

TAGS: Asia