Among countless severe consequences, the current international COVID-19 emergency has created a global financial crisis of a scale rarely encountered in modern history. Systemic economic and social inequalities across societies are being laid bare and exacerbated, and the precarious foundation that recent financial markets have relied upon is evident now more than ever. While business models and corporate cultures have in many ways contributed to the vulnerability of societies in responding to unprecedented situations such as the current pandemic, responsible companies are already experiencing the positive effects of putting people first.
The global population of forcibly displaced increased by 2.3 million people in 2018. By the end of the year, almost 70.8 million individuals were forcibly displaced worldwide as a result of persecution, conflict, violence, or human rights violations...Read More
This Modern Slavery PEC Policy Brief is the third in a series of Policy Briefs that assess the evidence base on the effectiveness of different regulatory interventions to address modern slavery in global supply chains, a key research priority for th...Read More
There are over 40 million people in modern slavery worldwide. Modern slavery exists in every industry, in every country in the world. The financial services industry has a major role to play in combating this violent and abusive business. And yet th...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
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