human trafficking

Human Trafficking the Top Concern for United Kingdom Commercial Enterprises

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The issue of modern-day slavery is top-of-mind for companies based in the United Kingdom or doing business there.  This concept was clearly evident to Source Intelligence during a recent symposium it sponsored in London and during private meetings held with representatives of some of the country’s top businesses.

Two forces appear to be causing significant concern for companies:

Achieving Sustainable Development Goals to Eradicate Human Trafficking and Forced Labor: New Global Organization Alliance 8.7 Launched

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Alliance 8.7 was launched on September 21 during the UN General Assembly in support of meeting Sustainable Development Goal (SDG) 8.7, to “take immediate and effective measures to eradicate forced labour, end modern slavery and human trafficking and secure the prohibition and elimination of the worst forms of child labour, including recruitment and use of

Cobalt: The New Conflict Mineral?

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The Washington Post’s latest story exposes the often dangerous conditions faced by African workers in cobalt mines, adding to the increasing worldwide attention paid to human rights issues in global supply chains and raw material sourcing.

Protecting Supply Chain Workers from Forced Labor

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Foreign migrant workers are particularly vulnerable to exploitative labor practices and at risk for forced labor. In 2014, Hewlett-Packard Company was the first IT company to develop its own Foreign Migrant Worker Standard, which sets requirements for the re­cruitment, selection, hiring, and management of foreign migrant workers by or on behalf of suppliers doing business with us. The standard requires direct employment of foreign migrant workers, protects workers from passport and personal documentation retention by management, and prohibits worker-paid recruitment fees.

Invested in: Marinus Analytics

See how BNY Mellon’s impact investment through UpPrize is furthering one company’s ability to use data to help law enforcement combat human trafficking
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Led by Carnegie Mellon University alumna Emily Kennedy, start-up Marinus Analytics is focused on becoming a sustainable company with a huge social impact.

Thailand Is Relieved Of Its Human Trafficking Blacklist Status

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On Thursday, the US State Department removed Thailand from the human trafficking blacklist. Though Thailand has been a spotlight country when dealing with forced labor, the State Department made their decision based on the criteria outlined in the Human Trafficking Persons Report.

Modern Day Slavery Breakdown: Laws in Place to Mitigate Slavery In the Supply Chain

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Over the past decade, state and national regulations have been put in place to increase the efforts of mitigating slavery from the supply chain of global enterprises. The goal of anti-slavery regulations is to identify and take steps to eliminate modern day slavery from supply chains. The regulations and laws put in place can be broken down into three major categories; affirmative conduct, disclosure, and liability provisions.

Affirmative Conduct
Requires companies to declare a violation to the government.

A Sector-Specific Approach to Modern Day Slavery

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Forced labor generates $150 billion in illegal profits every year. From hazardous conditions in Congo mines to factory workers trapped in bonded labor debt, major companies have faced reputational risks through their supply chain processes.

Breaking Down Modern Day Slavery and How It Can Effect You

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Modern day slavery is a problem that has emerged into a global epidemic. According to the International Labor Organization (ILO), around 21 million people are victims of forced labor.

Compliance Goes Beyond Environment, Health and Safety Requirements

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Hector Rodriguez, Director of Global EHS and Sustainability for Biogen Idec, describes how the emerging regulatory environment and its challenges for business. 

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