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.
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
Child labour is a complex and growing problem across global supply chains. Successful remediation is not easy to achieve and requires a holistic, multi-stakeholder approach. In every case, the interests of the child need to come first. This docum...Read More
The authors are a group of investors working to help end modern slavery, which currently affects an estimated 40 million people globally, with 70% of that number estimated to be in the Asia-Pacific region. IAST APAC was established in 2020, based on...Read More
Labor export and associated remittances have become an important solution by the Vietnamese government to create jobs and alleviate poverty in rural communities. Each year, tens of thousands of Vietnamese leave the country to work overseas. Japan an...Read More
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