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.
Prepared by Sanjeev Dasgupta and Ana Maria Soto, Issara Institute. According to the 2017 Global Estimates of Modern Slavery, there are about 40 million people living in modern slavery situations worldwide. The Asia-Pacific region has the highest...Read More
The year 2021 marked another discouraging year in terms of remedy for complaints by communities and civil society under the OECD Guidelines for Multinational Enterprises (Guidelines). Only 2 of the 22 cases concluded in 2021 by National Contact Poin...Read More
This e-handbook is a comprehensive guide for parliamentarians and parliamentary officials on legislating effectively against modern slavery-related crimes. The e-Handbook covers topics such as: gathering cross-party support; creating and r...Read More
There are costs associated with providing the range of services integral to recruiting workers, including advertising and sourcing workers, processing applications, interviewing, worker documentation, skills assessment, placement, orientation, trans...Read More
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