Modern slavery is moving up the political and legislative agenda within the UK, whilst shareholder and investor initiatives on the issue are increasing. Whilst recent global events, such as the war in Ukraine, are further increasing modern slavery risks within companies and portfolios, our research suggests that companies are not sufficiently equipped to deal with such risks.
In its Annual Review of Corporate Governance Reporting (2021), the FRC published findings from research carried out by Lancaster University on the extent to which companies are including modern slavery in their disclosures as part of their responsibility to consider the interests of their stakeholders in their annual report. The research also included a review of reporting on modern slavery governance, policies, and due diligence in modern slavery statements.
The Fintel Alliance has developed this financial crime guide to help financial services businesses understand and identify the signs of forced sexual servitude in Australia. The indicators and behaviours in this financial crime guide can be used by ...Read More
Unlocking Potential: A Blueprint for Mobilizing Finance Against Slavery and Trafficking is the final report of the Liechtenstein Initiative for a Financial Sector Commission on Modern Slavery and Human Trafficking, which has now formed Finance Again...Read More
Thailand is one of the world’s largest fishery exporters. It is the leading exporter of canned tuna and one of the world’s top exporter of frozen shrimps. This multi-billion-dollar seafood industry has come under the international spotlight...Read More
The COVID-19 pandemic has increased workers’ vulnerability to modern slavery across global apparel and manufacturing supply chains1. In addition to exacerbating risks to workers, the pandemic has increased consumers’ visibility on where and...Read More
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