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.
Workers are recruited via unlicensed third-party agencies. Use of unlicensed third-party agencies increases the risk of labor exploitation. Workers pay for recruitment, employment or repatriation fees. Costs associated with employment can place ...Read More
The International Labour Organization (ILO) estimates that 21 million people are currently victims of forced labour. Employers are committed to the elimination of this abhorrent practice. Not only does it create unfair competition and ultimately aff...Read More
Pasos Libres, the Global Initiative against Transnational Organized Crime, the Responsible and Ethical Private Sector Coalition against Trafficking (RESPECT), the International Labour Organization (ILO) and partners invi...Read More
Over the past few decades, some of the EU’s largest and most well-known companies have been involved in appalling human rights abuses and environmental harm in countries across the globe. The companies have failed to address abuses perpetuated by ...Read More
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