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Modern Slavery

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  1. Developing a public private partnership approach to increase financial inclusion for modern slavery survivors in Mexico

    This report provides insight into the development of a public-private partnership approach to increase financial access for modern slavery survivors in Mexico. The pilot intervention aims to improve financial inclusion of vulnerable populations, contributing to reducing and preventing trafficking and slavery. The report also highlights barriers to financial access, emphasising the importance of identifying illicit flows and increasing financial inclusion for at-risk groups.
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  2. Considering social factors in pension scheme investments: Guide from the taskforce on social factors

    This report outlines how pension trustees can consider social factors in their investments, understanding materiality, sourcing data, and measuring impact. Using modern slavery as an example, the guide gives recommendations for trustees, regulators, data providers, and investment managers, encouraging collaboration and transparency.
    16
  3. Accelerating change: The potential of capital market actors in addressing modern slavery

    This report explores how capital market actors can play a crucial role in addressing modern slavery and offers good practice examples and actionable recommendations for asset owners, asset managers, private equity funds, stock exchanges, investment banks, and development finance institutions.
    16
  4. Bridging ESG silos: The intersection of climate change and modern slavery

    28 September 2023
    This report highlights the links between climate change, modern slavery, and risks to business for investors. It provides tools for assessing climate-related risks, offering recommendations for disclosure and investment strategy. Assessing material financial risk requires a consideration of both environmental and social factors, including climate-related human rights risk.
    16
  5. Xinjiang supply chain business advisory addendum

    26 September 2023
    This US Government advisory highlights continuing reports of forced labour and human rights abuses in the Xinjiang Uyghur Autonomous Region, China, and reminds businesses of their obligations under relevant US laws. The report contains information on risks in supply chains and implementation and enforcement of relevant laws.
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  6. Beyond compliance in the renewable energy sector: Assessing UK and Australian Modern Slavery Act statements

    20 September 2023
    This report assesses the statements of 60 renewable energy companies under the UK and Australian Modern Slavery Acts, identifying their compliance gaps. Though most firms disclose their modern slavery policy, few extend it beyond tier one, limiting worker protection. The report calls for improved guidance, supply chain transparency, and stronger government enforcement measures.
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  7. Lessons from Canada’s approach to extending financial access to survivors of modern slavery

    This briefing showcases how Canada has effectively extended financial access to survivors of modern slavery through its Public Private Partnership approach. This briefing offers practical insights and lessons for the financial sector.
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  8. Capital markets and modern slavery

    This report synthesises evidence on the role of investors in addressing modern slavery in global supply chains. Key findings reveal that data limitations pose a significant challenge for investor action. Additionally, drivers for investor action include moral standing, financial incentives, regulatory compliance, and investor-led engagement.
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  9. Credit repair for survivors of modern slavery and human trafficking

    Finance Against Slavery and Trafficking (FAST) conducted a roundtable discussion with survivors, survivor support organizations, and financial institutions to address credit repair. Survivors' recommendations include implementing a manual review of onboarding processes, dismissing survivors' adverse credit, and developing a survivor-led approach to manage finances.
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  10. Business banking and start-up support for survivors of modern slavery and human trafficking

    The report highlights the Survivor Inclusion Initiative (SII), addressing the business banking and startup needs of survivors of modern slavery and human trafficking. It outlines efforts such as training, support, expert review, and the global Survivor Business Roundtable to enhance survivors' access to financial services.
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  11. Lessons from the survivor inclusion initiative (SII) in the UK, US, and Canada

    The briefing provides lessons to achieve financial inclusion of survivors of human trafficking and includes training and accommodations for survivor needs and experiences in compliance and due diligence processes.
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  12. Making Xinjiang sanctions work: Addressing forced labour through coercive trade and finance measures

    This is a comprehensive and rigorous analysis of the measures adopted and implemented to address the issue of forced labour in Xinjiang, China. Based on open-source data and expert analysis, the report highlights key themes and outlines a set of recommendations designed to improve the effectiveness of current trade and financial measures.
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