The Independent Anti-Slavery Commissioner, Dame Sara Thornton, has published a review of her engagement with financial services sector, following the earlier report published with Themis and the Tribe Freedom Foundation.
The review, titled ‘The role of the financial sector in eradicating modern slavery: CEOs respond to the Independent Anti-Slavery Commissioner’, makes five recommendations on how the sector should be addressing modern slavery. The recommendations cover:
- Risk management and mitigation
- Systems for sharing
- Collective action
- Collaboration on electronics supply chains
- Reporting of investment and lending portfolios under Section 54 of the Modern Slavery Act
The Independent Anti-Slavery Commissioner says that “business itself must do more to protect the most vulnerable workers in fields, farms and factories across the world.”
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Please see the full report here.