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.
In 2015, 193 countries committed to Target 8.7 of the Sustainable Development Goals (SDGs), pledging to take effective measures to eradicate modern slavery, human trafficking, forced labour and child labour. The outbreak of COVID-19 severely impacte...Read More
Modern slavery is a global phenomenon, with 40.3 million victims and $354 billion at-risk products imported by G20 countries in one year alone, according to estimates by the Walk Free Foundation (2018). Australia has historically been complicit in t...Read More
Whilst this guidance is focused on debt bondage within a Criminal Exploitation and County Lines Context, this is a method of control well documented in other forms of exploitation including international trafficking and sexual exploitation. Therefor...Read More
Our Help Wanted Primer articulates the risk to multinational companies of forced labour and resulting debt-bondage caused by labour recruitment, and identifies the places within a company’s sourcing practices where recruiters present a reputational...Read More
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