This paper describes a promising new effort to fight global labour exploitation using financing strategies to advance and expand the global trend toward fair labour practices. It focuses on private market investment innovations and opportunities, where investors interested in improving global labour conditions while achieving positive financial results are most likely to meet their objectives.
The authors also uncovered some finance mechanisms that have been creatively engineered by a combination of business and human rights, social finance, and data experts. And, the nearly 30 interviews with investors and business and human right experts yielded more leads than this project enabled us to follow up on. Everyone interviewed wants investors to be more conscious about how their investments can help improve fair labour practices. All expressed genuine enthusiasm for the progress to date and encouraged more.
Unlocking Potential: A Blueprint for Mobilizing Finance Against Slavery and Trafficking is the final report of the Liechtenstein Initiative for a Financial Sector Commission on Modern Slavery and Human Trafficking, which has now formed Finance Again...Read More
Modern slavery is an umbrella term that covers: all situations of exploitation that a person cannot refuse or leave, because of threats, violence, coercion, abuse of power or deception. Modern slavery sits at the extreme end of a spectrum o...Read More
Seeking to better understand the risks of forced labour and human trafficking in the Thai seafood industry, Nestlé contracted Verité to conduct a focused investigation of six production sites in Thailand—three shrimp farms (one in Maha...Read More
The Shiva Foundation proposes that business, government, and civil society organizations look beyond modern slavery when trying to assess the prevalence of labour exploitation in the UK. They suggest a few metrics that might help track labour exploi...Read More
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