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.
Written by Hinrich Voss. The COVID-19 pandemic has revealed vulnerabilities and fragilities in global value chains. The worldwide economic lockdowns to contain COVID-19 have led in some industries to unilateral cancellations and suspensions of or...Read More
The ILO’s Flagship International Program on the Elimination of Child Labour and Forced Labour (IPEC+) has ongoing operations in 62 countries, all of which are affected by the COVID-19 pandemic. The program has developed business continuity plans t...Read More
At this unprecedented time, many of our most vulnerable children and families are facing new, exacerbated, and compounded risks to their health and safety due to COVID-19. Specifically, there are a number of factors and conditions created or exacerb...Read More
This research report conducted by GoodWeave International on the status of carpet, home textile, and apparel workers in South Asia confirms that the impacts of COVID-19 have resulted in extreme hardship for informal workers and their families. Docum...Read More
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