Close

Are you in compliance?

Don't miss out! Sign up today for our weekly newsletters and stay abreast of important GRC-related information and news.

×

Status message

Start your free, no obligation 10-day trial to continue exploring with full access.

Some practical solutions to the problem of modern slavery

Paul Hodgson | June 13, 2017

Modern slavery is with us, but it is often so far removed from the products of labour held under these conditions that consumers are unaware of its scale. A series of cases studies in shareholder activist Interfaith Center on Corporate Responsibility’s (ICCR) report, Best Practice Guidance on Ethical Recruitment of Migrant Workers, provide some solutions to addressing the problem. But some statistics that open the report are indicative of the scale of the problem. The report says that there is a conservatively estimated 21 million people trapped in conditions of forced labour. (Editor's note: This is a conservative estimate, compared to those by other anti-slavery groups, which estimate that as many as 40+ million people are modern slaves.) The reason is clear; this abuse generates over $150 billion in profits for exploiters. More than three-quarters of these modern slaves work in private sector industries such as agriculture, apparel, construction, electronics,... To get the full story, subscribe now.