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.
For more than two decades, we have used the internet to connect with family and friends worldwide. Internet usage was already increasing year-over-year, and the tools we use to connect have been rapidly evolving – but then we were hit by...Read More
The Covid-19 pandemic has once again exposed the fragility of global supply chains and the enormous risks to human and labour rights in a highly interconnected global economy that is not governed by the rule of law. With the global drop in dema...Read More
From October 2020 to April of 2021 BHRN interviewed 29 refugees ages 14 to 60 from 10 different camps in Cox’s BazarOf those interviewed 68% were women93% of refugees said they did not receive enough food rations72% described their current safety ...Read More
There are over 40 million people in modern slavery worldwide. Modern slavery exists in every industry, in every country in the world. The financial services industry has a major role to play in combating this violent and abusive business. And yet th...Read More
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