Library | ESG issues
Modern Slavery
Modern slavery is the exploitation of individuals through coercion, threats, or deception for personal or commercial gain. It includes human trafficking, forced labour, debt bondage, child slavery, forced marriage, and domestic servitude. Investors and financial institutions can engage with companies to improve labour practices and enhance supply chain transparency and reporting.
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Investors Against Slavery and Trafficking Asia Pacific (IAST APAC)
Investors Against Slavery and Trafficking Asia Pacific (IASTAPAC) mobilises investors to address modern slavery and human trafficking in their portfolios. IASTAPAC promotes responsible investment practices, provides guidance, and engages with companies to eradicate these issues from supply chains.
An introduction to responsible investment: Human rights for asset owners
This guide by PRI summarises human rights relevance for asset owners, offering strategies for policy, governance, stewardship, and disclosure. It includes case studies, international standards, and practical resources to promote human rights in the financial system.
Tackling child labor: A guide for financial institutions
This guide offers banks and financial institutions a framework to address child labour within their clients' operations and value chains. It emphasises enhancing due diligence, improving client engagement, and participating in multi-stakeholder initiatives to mitigate child labour risks.
The global slavery index 2023
This report reveals that 50 million people live in modern slavery. It highlights the G20's $468 billion worth of high-risk imports and identifies North Korea, Eritrea, and Mauritania as having the highest prevalence. Australia, the Netherlands, and the UK have the strongest government responses.
Good practice toolkit: Strengthening modern slavery responses
This toolkit provides guidance on improving business practices under Australia's Modern Slavery Act. It emphasises effective stakeholder and supplier engagement, human rights due diligence, and the use of digital technologies. The toolkit includes practical examples and recommendations for businesses, governments, and civil society to better combat modern slavery.
FAST connection diagnostic and risk mapping
The FAST Initiative's Risk Mapping tool aids finance professionals in identifying and mitigating risks related to forced labour and human trafficking in supply chains. It offers practical guidance and resources to enhance due diligence and promote responsible investment practices.
Modern slavery benchmarking tool
This tool helps businesses to evaluate their efforts in addressing modern slavery. It provides a comprehensive framework to assess risk, policies, and practices, facilitating improvement in combating modern slavery within supply chains and operations. This tool promotes transparency and accountability in corporate practices.
Capital Human
Capital Human provides innovative solutions for sustainable human capital development. Specialising in modern slavery prevention and ethical labour practices, Capital Human offers resources and tools to businesses and finance professionals. Discover their comprehensive approach to building socially responsible and sustainable workplaces.
Global Slavery Index
The Global Slavery Index (GSI) by Walk Free provides comprehensive data on the prevalence of modern slavery in 160 countries, detailing how many people are affected, their vulnerabilities, and governmental responses.
Financial crimes and land conversion: Uncovering risk for financial institutions
This report outlines the risks financial institutions face due to land conversion and related financial crimes. It emphasises the convergence of land conversion with crimes like money laundering and corruption, highlighting the need for robust due diligence and risk assessment. It introduces an Environmental Crimes Financial Toolkit to aid institutions in mitigating these risks.
Considering social factors in pension scheme investments: Guide from the Taskforce on Social Factors
This final report identifies social risks and opportunities that can be addressed by trustees, industry, and policymakers. The guide outlines frameworks of good practice and materiality assessment, with data sources to support the assessment and provides practical assistance to enable consideration of social factors within their investments.
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.
Scaling impact: Exploring 'success' in relation to impact investments
This study aims to explore the definition of success in social impact investments and how to scale them up. Challenges such as negotiation, execution, and outcomes measurement were identified. Measures for supporting scaling include data sharing, funding, and intellectual property (IP) valuation.
Navigating a new era of business and human rights
This book highlights the intersection of corporate practices and human rights. It explores evolving challenges, regulatory landscapes, and the importance of collaborative, ethical business conduct. Key themes include transparency, state roles, and the human rights-based approach, offering insights for stakeholders to navigate this complex field.
A sewing kit for living wages: Pathways to living wages in global garment supply chains
The report provides a roadmap for textile brands to commit and implement living wages in their supply chains, as well as explain the importance of providing decent wages to workers.
Shopping for a bargain: How the purchasing practices of clothing brands in Australia impact the women who make our clothes
This report examines the purchasing practices of clothing brands operating in Australia and highlights the impact on women workers in the countries where clothing is made. It calls on brands to publish a plan and commitment to ensuring a living wage for workers throughout their supply chains.
