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.
Vietnam has consistently featured in official statistics on modern slavery as one of the top three source countries for victims of the crime. Driven by this, the Independent Anti-Slavery Commissioner visited Vietnam in 2015 and subsequently commissi...Read More
This publication provides an overview of the legal and policy framework in place for the protection of trafficking victims in five countries in Southeast Asia (Cambodia, Indonesia, Lao PDR, Thailand, and Viet Nam), outlining the various instruments,...Read More
This report warns that global progress to end child labour has stalled for the first time in 20 years. The number of children aged 5 to 17 years in hazardous work – defined as work that is likely to harm their health, safety or morals – has rise...Read More
An estimated 650,000 Syrian refugees have fled their home country to escape bloodshed and have found a lifeline working in Turkey, with many working in the garment industry. Without these jobs, many families would face desperate times and would stru...Read More
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