This report on modern slavery and financial institutions by the Royal United Services Institute for Defence and Security Studies and the Freedom Fund considers the role that the financial sector can play in reducing human trafficking and modern slavery through exerting responsibility and leverage.
In recent years, the financial sector has become an increasingly high-profile contributor to efforts to identify and disrupt modern slavery and human trafficking. But can this commitment from the financial sector go further – beyond financial crime compliance and transaction monitoring – by using the provision of finance as a force for good to effect change in the operational and value-chain behaviour of their clients? This paper evaluates whether more action and commitment are required – and whether this is possible – from the sector, particularly in the form of using leverage provided by the provision of finance to clients to encourage the raising of standards in the field of human rights, in line with activity on environmental risks.
Violence and harassment at work causes harm to individuals, families, businesses and societies. It affects people’s lives, dignity, health and wellbeing. It also exacerbates inequality in societies and undermines business productivity. There shoul...Read More
Currently the world is going through an unprecedented health, social, human and economic crisis due to the pandemic caused by the disease COVID-19, catalogued even as the greatest economic and social challenge facing humanity since the Great Depress...Read More
The objective of the Compendium of Resources is to take stock of the existing legislation, policies, guidelines, recommendations, reports, studies, and other types of initiatives developed to better understand and respond to the global problem of tra...Read More
To find out more about how the SII has been experienced, the Expert Review gathered information from two surveys and 10 interviews with key stakeholders. There were 14 SSO (all US-based) and 10 FI survey respondents (seven US, two Canada, and on...Read More
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