This brief is part of a series highlighting how we can leverage the commitments governments have made to guarantee human rights to steer us towards a just recovery from the COVID-19 pandemic.
The pandemic response has demanded a greater role for the state in many countries. In the recovery, governments will set the broad regulatory framework that will define what business can and can’t do in terms of workers’ and community rights. Crucially, they will also devise business bailouts, forgivable loans, and other publicly funded incentives. These should be designed to reward responsible business conduct and prevent abuse.
This brief focuses on the protection and strengthening of international standards for human rights in businesses in the process of recovery of those businesses seriously affected by the Covid-19 pandemic. The brief suggests a series of conditions companies should meet in order to receive public funds, as well as a range of accompanying measures that can enhance the transformative potential of bailout conditions.
The vast majority of modern slavery and human trafficking cases involve interaction with finance in some form. In many cases, traffickers exploit their victims financially, taking control of their bank accounts, confiscating wages, and using debt as...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
The financial services industry—from asset owners and managers to private equity, venture capital, and banks—has a catalytic effect on the behavior of business and the economy. Its vast range of financial products, services, and client relations...Read More
As a country of origin, destination, and transit for forced labour and human trafficking, Thailand has been expanding its efforts to offer shelter and assistance to both Thai and foreign citizens, however, some gaps remain. Using international stand...Read More
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