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.
Workers in apparel supply chains are among the hardest hit by the Covid-19 pandemic. Even before the pandemic, workers had to survive on poverty wages; in the first three months of the pandemic alone, workers lost at least US$3 billion in income. Po...Read More
Since 2013, the number of British nationals referred into the National Referral Mechanism (NRM) as potential victims of modern slavery has increased year on year, rising from 90 in 2013 to 3,952 in 2021. These figures include potential adult and chi...Read More
In its third report on Cyprus, the Council of Europe’s Group of Experts on Action against Trafficking in Human Beings (GRETA) analyses trafficking victims’ access to justice and effective remedies and examines progress in the implementation of p...Read More
Illicit Massage Businesses (IMBs) use the cover of a legitimate service to engage in prostitution and often human trafficking, by using force, fraud or coercion to compel the women working there to provide sexual services to the buyers who patronize...Read More
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