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 following information is based on incoming communication to the National Human Trafficking Hotline via phone, email, and online tip report from December 7, 2007 – December 31, 2016 about human trafficking cases and issues related to human traf...Read More
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
Every four seconds, someone is sold into modern slavery somewhere in the world. Every 60 seconds, the criminal industry that supports modern slavery makes more than US$285,000. These statistics, calculated from estimates by the International Labor O...Read More
In this report we examine just the tip of this iceberg, reviewing some of the most visible signs of Canadian business ties to forced labour abroad. Companies are importing into Canada large quantities of goods from industries in which forced labour ...Read More
2020 © Copyright, RESPECT International. All Rights Reserved. Website Disclaimer | Privacy Policy
