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 forthcoming Modern Slavery Bill, announced in the 2022 Queen’s Speech, presents a significant opportunity for the UK Government to implement its outstanding commitments in relation to strengthening Transparency in Supply Chains (TISC) provisio...Read More
Developed by UNICEF, the UN Global Compact and Save the Children – the Children’s Rights and Business Principles are the first comprehensive set of principles to guide companies on the full range of actions they can take in the workplace, marke...Read More
In responding to COVID-19 many have adopted the rallying cry of "we are all in this together." But the stark reality is that we are not. Millions of vulnerable workers do not have access to COVID-19 testing, health care, sick leave or the physical o...Read More
Globally, it is estimated that there are over 40 million men, women and children in modern slavery today. Two thirds of these victims are in Asia. These victims, who can be found in factories, construction sites, fisheries and sex venues, are forced...Read More
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