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.
In 2016, a new study, funded by iPoint, was conducted in conjunction with Development International. 1,961 brands were evaluated against their disclosure compliance based on the law’s Risk Verification, Audit, Certification, Internal accountability...Read More
Corporations have increasingly turned to voluntary, multi-stakeholder governance programs to monitor workers’ rights and standards in global supply chains. This article argues that the emphasis of these programs varies significantly depending on s...Read More
This report describes in detail two recent cases of factory fires that swept through the facilities of two South Asian clothing manufacturers producing for international brands. These cases are exemplary for the poor health and safety conditions of ...Read More
Safe accommodation is vital for survivors. Offering safe accommodation enables individuals to find stability to rebuild their lives and plan towards their future. Understanding the role hosting can and does play as an accommodation option for surviv...Read More
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