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.
Over the last decade modern slavery in the UK has been on the rise and it is estimated that there are as many as 100,000 victims.* Women make up about a third of all victims of modern slavery in the UK, with many commonly forced into sexual exploita...Read More
According to the International Labour Organization (ILO), an estimated 21 million people are victims of forced labor around the world. As defined by the ILO, forced labor refers to “situations in which persons are coerced to work through the use o...Read More
Enabling access to online services through mobile technology is an essential need for survivors during the Covid-19 pandemic. It should be considered a feasible and necessary element of survivor support packages outside a pandemic. Further research ...Read More
The data in this report represents signals and cases from January 1, 2019 through December 31, 2019 and is accurate as of July 30, 2020. Cases of trafficking may be ongoing or new information may revealed to the National Hotline over time. Consequen...Read More
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