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 paper presents the findings of a study on external policy measures adopted by the European Union and like-minded partners to address modern slavery in third countries. The study is intended to support the European Parliament in monitoring E...Read More
Often consumers in Western Europe believe that “Made in Europe” is a synonym for working conditions that are better than in production countries in Asia. This report shows that this is not always the case, and that problematic working conditions...Read More
Authors: Robin Cartwright & Frances Cleland-Bones This paper is based on the Global Initiative against Transnational Organized Crime's detailed review of the scale and nature of organised crime’s infiltration of the private sector. These find...Read More
The rapid growth of digital technology has revolutionized our lives, transforming the way we connect and communicate. Internet access, mobile devices and social media are now ubiquitous, especially among children. Of the 4.5 billion people with acce...Read More
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