This paper describes a promising new effort to fight global labour exploitation using financing strategies to advance and expand the global trend toward fair labour practices. It focuses on private market investment innovations and opportunities, where investors interested in improving global labour conditions while achieving positive financial results are most likely to meet their objectives.
The authors also uncovered some finance mechanisms that have been creatively engineered by a combination of business and human rights, social finance, and data experts. And, the nearly 30 interviews with investors and business and human right experts yielded more leads than this project enabled us to follow up on. Everyone interviewed wants investors to be more conscious about how their investments can help improve fair labour practices. All expressed genuine enthusiasm for the progress to date and encouraged more.
The economies of the six oil-rich Gulf states of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates (UAE) are highly dependent on low-paid migrant workers from Asian states such as India, Nepal, Pakistan, Bangladesh, Sri Lan...Read More
The American Bar Association (ABA) Business Law Section Working Group undertook an extensive project to help buyers and suppliers redesign their contracts to better protect human rights in supply chains, with a focus on a cooperative approach with s...Read More
Businesses are increasingly required to implement human rights due diligence processes and/or to report on how they manage human rights-related issues. In their third joint briefing, The Global Business Initiative on Human Rights and Clifford Chance...Read More
Migrants with insecure immigration status often feel unable to report cases of abuse and exploitation for fear that government authorities will prioritise their immigration status over the harm they have experienced and that they will face seri...Read More
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