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

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“The Public-Private Partnership in the Fight Against Human Trafficking” Conference
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When: July 19, 2017 – July 21, 2017 all-day

Organized by the OSCE Office of the Special Representative and Co-ordinator for Combating Trafficking in Human Beings (OSR/CTHB), in co-operation with the Ministry of Foreign Affairs of the Russian Federation, the Conference on “Public-Private Partnership in the Fight Against Human...

TAGS: Global
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