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 2016, a new study, funded by iPoint, was conducted in conjunction with Development International. 1,961 brands were evaluated against their disclosure compliance based on the law’s Risk Verification, Audit, Certification, Internal accountability...Read More
Investigations by Equidem between September 2020 and October 2022 documented significant labour and human rights violations at all eight FIFA World Cup Qatar 2022 stadiums—Lusail Iconic Stadium in Lusail, Al Bayt Stadium in Al Khor, Al Janoub Stad...Read More
This is the first in a series of four reports. This report includes the ranking of asset managers, and analysis of their performance on stewardship, transparency and governance. The following three parts of this series, to be released in the coming ...Read More
Written by Mohamed Daghar. In September 2014 Kenya banned the exportation of labour to the Middle East because workers were being trafficked by criminal networks offering them jobs. This policy brief focuses on the criminals who continue to driv...Read More
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