Slavery is outlawed throughout the world, yet an estimated 25 million children and adults are still victimized as forced laborers. Modern slavery particularly affects the supply chains of the Apparel & Footwear, Information & Communications Technology, and Food & Beverage industries, but no industry is immune. Sustainable and impact investors, who have long called on companies to respect human rights throughout their supply chains, now have a growing number of investment options available to mitigate the tragedy of forced labor.
We recently hosted a webinar featuring leading experts to discuss the implications of human trafficking and forced labor for global investors. The panel covered:
- how and why supply chains are affected by forced labor;
- risks for investors related to lack of respect for labor and human rights;
- investment strategies to combat these practices; and
- options for interested investors
Our panel, moderated by John Wilson, Head of Research and Corporate Governance for Cornerstone Capital Group, featured:
Kilian Moote, an expert in supply chain transparency and legal disclosure. He is the Project Director for KnowTheChain, a Humanity United project dedicated to helping businesses and investors understand and address labor abuses in their supply chains. In addition to joining our discussion, Kilian notes, “We have quite a few helpful resources on KTC that might be useful to your audience. For example, we have a section on our site now that is dedicated to resources for investors. We also have specific guides, such as KTC Investor Engagement Guide and a guide by ShareAction that details how forced labor can be an investment risk.”
Julie Tanner, Director of Socially Responsible Investing at Christian Brothers Investment Services. Julie develops robust and substantive agreements with corporate boards and senior managements to improve environment, human rights and governance performance.
Craig Metrick, Managing Director. Institutional Consulting & Research at Cornerstone Capital Group, where he oversees the firm’s manager and fund outreach and review process and provides investment advisory services for institutional clients.