KnowTheChain’s Investor snapshot on Forced Labour in the Construction Sector highlights why investors should be concerned about forced labour risks in the construction sector, what the sector is doing to address these risks, and what action investors should be taking.
Construction is a rapidly growing sector globally, with China, India, and the United States forecast to be the largest markets by 2030. The UN estimates that by 2025, 68% of the world population will live in urban areas, up from 55% today, which will require significant construction efforts. As part of China’s Belt and Road Initiative, projects worth more than US$500 billion have been or are being built.
An estimated 7% of the global workforce is employed in the construction sector, and the Gulf’s construction sector alone employs around 10 million workers. Responsible investors have a role to play in ensuring this growth doesn’t increase the risk of workers being forced into exploitation and abuse.
The thousands of migrant workers from Burma, Cambodia, and Laos who cross the border into Thailand each year trade near-certain poverty at home for the possibility of relative prosperity abroad. While most of these bids for a better life do not end ...Read More
The breakdown of the social contract is exposed in the 2020 ITUC Global Rights Index with violations of workers’ rights at a seven-year high. The trends by governments and employers to restrict the rights of workers through violations of collecti...Read More
This report describes the Feminist Participatory Action Research (FPAR) carried out by seven organisations from six countries across Asia and the Pacific region (Kyrgyzstan, Nepal, India, Malaysia, Indonesia and Hong Kong) between 2019 and 2021. The...Read More
This report from 2005 researches the weaknesses of social auditing. Social audits to check working conditions in production facilities emerged in the mid-1990s after a number of high profile companies were widely scrutinized for substandard working ...Read More
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