Business Insight Solutions, April 2016
The UK Modern Slavery Act 2015 requires organisations to produce an annual slavery and human trafficking statement. This video explains the requirements on you if you carry out any part of your business in the UK and turnover more than £36M globally. This directly aligns with SDG 8.7 to eradicate forced labour, end modern slavery and human trafficking and SDG 16.3 to promote the rule of law and international levels and ensure equal access to justice for all.
The 2016 report by the Hong Kong Association of Banks (HKAB) into trade-based money laundering ups the momentum to improve anti-money laundering and counter terrorist financing. Such actions will contribute to the advancement of SDG 16.4 to significantly reduce illicit financial and arms flows, strengthen the recovery and return of stolen assets and combat all forms of organized crime.
Business Insight Solutions, February 2016
Amnesty International’s recent report on child labour in supply chains reported children as young as seven working in cobalt mines in the Democratic Republic of Congo. Cobalt is used in mobile phone batteries and Amnesty accuses several global electronics brands of failing to do basic supply chain checks. Raising awareness of child labour issues can help in advancing SDG target 8.7 to eradicate forced labour, end modern slavery and human trafficking by 2025.
A responsible supply chain, and eliminating corruption in the supply chain, are important elements of goals 10 and 16. This report, updated in 2016, outlines common supply chain corruption scenarios and provides a framework and set of tools for addressing them.
Agricultural Law and Economics in Sub-Saharan Africa: Cases and Comments, Chapter 5, 2016, Pages 141–184
This chapter examines contracting between literate and illiterate parties in sub-Saharan Africa in a market-led development approach. It supports goal 16 (peace, justice and strong institutions) and goal 10 (reduced inequalities).
Linking to Goal 16, this report helps investors who wish to see meaningful progress in their engagements as well as companies that want to stay ahead of the curve, to manage and minimize risks associated with bribery and corruption.
Linking Goal 10 and Goal 16, this report highlights the linkages between human rights and anti-corruption compliance and how companies can benefit from integrating these considerations in their compliance programs.
Business Insight Solutions, December 2015
In March 2015 the Modern Slavery Act became law and its effect on UK businesses will be significant. The first of its kind in Europe, and one of the first in the world, the Act specifically addresses slavery and human trafficking in the 21st century, and is one of the most important pieces of legislation for supply chain due diligence. The Act will directly contribute to advancing the SDG target 8.7 to eradicate forced labour, end modern salvery and human trafficking by 2025.