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.
Article 3(a) of the United Nations Protocol to Prevent, Suppress and Punish Trafficking in Persons, Especially Women and Children, supplementing the United Nations Convention against Transnational Organized Crime (Trafficking in Persons Protocol) de...Read More
This report was prepared by Dr. Lisa Rende Taylor and Ohnmar Ei Ei Chaw, Issara Institute. Issara Institute programming in Myanmar and Thailand over the past year has focused on driving more ethical recruitment systems, down to the ‘first mileâ...Read More
Although the government of Uzbekistan has made progress on ending child and adult forced labour in the cotton fields after more than a decade of international pressure, a new report finds that forced labour remains rampant in other arenas of Uzbek l...Read More
The globalisation of supply chains, facilitated by technologicaldevelopments and spurred by firm’s attempts to maximise profitsthrough lower labour costs, shorter lead times and weaker labourprotections in developing countries, has contributed to ...Read More
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