The Global Slavery Index (GSI) serves as a critical tool for promoting ethical investment and fostering a global economy free from exploitation. The tool assesses the extent of slavery by examining factors such as conflict, governance, and socioeconomic conditions that contribute to vulnerabilities, and it evaluates governmental responses to combat slavery​.

For finance professionals and sustainable finance advocates, the GSI is particularly valuable in several ways:

• Risk Assessment and Due Diligence: The GSI offers detailed country-specific data, which can help financial institutions and investors identify regions and sectors with high risks of forced labor and human trafficking. This information is crucial for conducting due diligence and ensuring that investments do not inadvertently support exploitative practices.
• Supply Chain Transparency: By highlighting industries and products most at risk of being tainted by modern slavery, the GSI aids companies in scrutinising their supply chains. Sustainable finance advocates can use this data to push for greater transparency and ethical sourcing practices in business operations.
• Policy Development and Advocacy: The insights provided by the GSI can inform policy development and advocacy efforts aimed at strengthening regulations and corporate practices against modern slavery. Financial professionals can leverage this data to support initiatives that align with the United Nations’ Sustainable Development Goals, particularly Target 8.7, which aims to eradicate forced labor and modern slavery​.