The original green sector – agriculture — hasn’t been on the radar for environmental, social and governance investors, given industrial agriculture’s heavy dependence on pesticides, fertilizers and genetically modified seeds. But ESG investors are turning
Lawmakers in the European Parliament passed a resolution to tackle environmental and human rights issues in the supply chains of EU businesses by 504 votes to 79 on Wednesday (10 March) ahead of the Commission’s
These days, it’s not just the FCPA, theft, fraud and money laundering that one must worry about when operating in unfamiliar markets. New developments such as ESG failures, forced labour, cyber-attacks and political risk are rapidly emerging as causes of concern and are more likely to
The Home Office has today, Thursday 11 March, launched a modern slavery statement registry online, to provide a platform for organisations to share the positive steps they have taken to tackle and prevent modern slavery. The
Volkswagen AG’s Swedish truck brand Scania has investigated and discovered evidence that employees in India were involved in bribing local officials for bus contracts. The company has taken measures to address the suspected corruption, Scania
Fashion firm Boohoo and some of its suppliers – including those in Leicester – could be banned from exporting goods to the United States due to allegations over the use of slave labour. US Customs
In 2019, Theresa May, then the UK prime minister, warned that a “global epidemic” of modern slavery was spreading through the supply chains of the food we eat and the clothes we wear. “The most
Oilfield services provider Baker Hughes said the Securities and Exchange Commission is conducting an investigation into the company’s sale of products in projects that were impacted by U.S. sanctions. Baker was notified in December of
It is the year 2021, but Modern Slavery still exists in this world. According to the International Labour Organisation (ILO), global reports reveal that about 40 million people are trapped in Modern Slavery; women and girls are disproportionately affected by modern slavery, accounting
