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.
This work is part of a series of Forced Labour Evidence Briefs that seek to bring academic research to bear on calls to address the root causes of the phenomenon in global supply chains and catalyse systemic change. To do so, the Briefs consolidate ...Read More
Developed by UNICEF, the UN Global Compact and Save the Children – the Children’s Rights and Business Principles are the first comprehensive set of principles to guide companies on the full range of actions they can take in the workplace, marke...Read More
In recent years, as high-profile stakeholder actions and consumer campaigns have increasingly shined an international spotlight on human rights issues in the palm oil sector, various frameworks and initiatives have emerged through which industry has...Read More
2020 was a year unlike any other. This report documents what happened to garment workers across Asia – in Sri Lanka, Pakistan, India, Indonesia, Cambodia and Bangladesh, putting numbers to the 25 per cent or so wage losses suffered by these worker...Read More
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