Modern slavery and its manifestations (including forced labour, debt bondage, money laundering and human trafficking) are illegal practices in all CDC investment geographies. However, such practices remain present, are often intentionally well hidden, and still present significant social and human rights impacts and risks to many emerging market investors. Proactive and thoughtful due diligence is an important aspect in helping investors understand modern slavery risks evident in supply chains or via intermediated contracts, and which require innovative approaches to resolve. COVID-19 has exacerbated and accelerated modern slavery and other labour practice risks.
Foreign migrant workers are often faced with a choice: pay illegal or unethical recruitment fees for a job abroad or go without work altogether. To finance these exorbitant costs, which can be as high as USD 6,000 in some migration corridors, they o...Read More
A six step guide to implementing the Employer Pays Principles, in alignment with the UN Guiding Principles on Business and Human Rights. Reflecting the Dhaka Principles for Migration with Dignity, the Employer Pays Principle is a commitment to ensur...Read More
The U.S. National Human Trafficking Hotline provides survivors of human trafficking with vital support and options to get help and stay safe. These options may include connecting callers with emergency shelter, transportation, trauma counselors, loc...Read More
Following a roadmap and public consultation and several postponements, the European Commission published a draft Directive on Corporate Sustainability Due Diligence on 23 February 2022. The Draft Directive will now be negotiated within the Europea...Read More
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