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.
Quality education and training lays the foundation for the economic and social development not only of individuals but of society as a whole. Yet, many lack opportunities to acquire relevant knowledge and skills that would allow them to earn a decen...Read More
The COVID-19 crisis has exposed once more the vulnerabilities in value chains and precarity of global business operations – and the weakness of voluntary corporate action in addressing these issues. The devastating consequences are felt most by mi...Read More
There is growing interest in the use of community-based approaches to address the causes of modern slavery and the related goal of building anti-slavery ‘resilience.’ However, the concept of resilience is often poorly understood and applied wit...Read More
There are costs associated with providing the range of services integral to recruiting workers, including advertising and sourcing workers, processing applications, interviewing, worker documentation, skills assessment, placement, orientation, trans...Read More
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