Modern slavery is moving up the political and legislative agenda within the UK, whilst shareholder and investor initiatives on the issue are increasing. Whilst recent global events, such as the war in Ukraine, are further increasing modern slavery risks within companies and portfolios, our research suggests that companies are not sufficiently equipped to deal with such risks.
In its Annual Review of Corporate Governance Reporting (2021), the FRC published findings from research carried out by Lancaster University on the extent to which companies are including modern slavery in their disclosures as part of their responsibility to consider the interests of their stakeholders in their annual report. The research also included a review of reporting on modern slavery governance, policies, and due diligence in modern slavery statements.
What actually works to end modern slavery in the context of markets? In the past decade, we have witnessed a heightened awareness of the risk of modern slavery occurring within global supply chains, with a corresponding increase in regulation, fundi...Read More
In recent years, there have been many reports of workers in supply chains being abused, exploited and even trafficked. Therefore, the expectation that businesses should carry out due diligence to address adverse impacts has grown considerably. As ...Read More
Nepal has implemented, repealed and re-implemented various bans and restrictions on the migration of women migrant workers and / or migrant domestic workers since 1998, the year in which all women migrant workers were first banned from migrating to ...Read More
Rubies from Myanmar, also known as Burmese rubies, are the finest in the world. They are also an important source of funding for one of the world’s most brutal regimes. Since seizing power in a coup on 1 February 2021 and imprisoning the coun...Read More
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