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 UK Modern Slavery Act 2015 (Act) was established nearly six years ago and was hailed as a landmark piece of legislation. Its aim was to encourage business to take action to eradicate modern slavery from its operations and supply chains. Fundamen...Read More
Authored by: Christine Cooper, Olivia Hesketh, Nicola Ellis, Adam FairHome Office Analysis and Insight Executive summary This report presents findings from research to create an evidence‐based typology of modern slavery offences in the UK. M...Read More
Garment workers, mostly women, earn some of the lowest wages in the world while making clothes for some of the biggest fashion brands. Romania has about 300,000 oficial garment workers, who usually earn a minimum wage of about 230 EUR after tax. Wor...Read More
This report provides an assessment of the UK-wide Modern Slavery Helpline’s operations in 2019 detailing the number, type and nature of calls, webforms and app submissions received between 1 January 2019 and 31 December 2019 and the number and dem...Read More
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