However, business leaders need to collaborate in order to do this. My recommendations focus on the need to develop relevant risk management processes and the need to create better systems to share intelligence. I also strongly encourage growing collective action initiatives by investors and suggest that financial services could be a powerful force to encourage action to address significant risks in the electronics business. Finally, until the government legislates to extend Section 54 of the Modern Slavery Act to cover financial portfolios I suggest that business covers these areas voluntarily in their annual modern slavery statements. The financial services sector should ensure that it integrates modern slavery and human trafficking risk across all its business processes, in the same way that it has approached environmental risk.
The data in this report represents signals and cases from January 1, 2019 through December 31, 2019 and is accurate as of July 30, 2020. Cases of trafficking may be ongoing or new information may revealed to the National Hotline over time. Consequen...Read More
This report presents findings from two case studies conducted in Burma as part of a larger exploratory research project undertaken by Verité in 2018-2019, with the aim of examining the linkages between environmental degradation and vulnerability to...Read More
In July 2018, the Walk Free Foundation released the latest Global Slavery Index (GSI), which presents estimates for the number of victims of modern slavery in 167 countries. Using data from the Gallup World Poll’s module on modern slavery, which w...Read More
Blockchain first entered public awareness as the technology underpinning the cryptocurrency Bitcoin. Whilst the longevity of Bitcoin remains uncertain, and governments and financial institutions alike are cautious in their acceptance of cryptocurrenc...Read More
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