A number of multilateral organizations, social issue activists, nongovernmental organizations (“NGOs”), UN agencies, media organizations, and investor coalitions are focused on the rising risks posed to society – and to businesses – of modern slavery and human trafficking.
This will be a 2018 risk management issue raised by shareholders and stakeholders with corporations with global sourcing and supply chains.
Prudent business leaders are aware of and have been taking steps to deal with these issues. For example, My Sister apparel (a business headquartered in Minneapolis) is combating human trafficking “one T-shirt at a time” by devoting 6% of sale proceeds to fund the work of the non-profits “MN Girls Are Not For Sale,” and “Maiti Nepal” — which help to address trafficking in women and girls.
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