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:

  1. Risk management and mitigation
  2. Systems for sharing
  3. Collective action
  4. Collaboration on electronics supply chains
  5. 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.”

Southwell & Partners provides specialist advice on business and human rights, modern slavery, and human trafficking. We can advise on implementing human rights compliant policies, conducting due diligence and audits to ensure businesses comply with international regulations and domestic standards.

If you need advice or would like to find out more, please contact us here

Please see the full report here.