Business is stepping up in the fight against modern slavery

There are an increasing number of initiatives and collaborations aimed at helping businesses tackle modern slavery however, it can be confusing to pinpoint the most relevant partners to work with. It’s crucial that employers receive a continuous stream of accurate advice and tools to help them contribute to the eradication of modern slavery.

Published 29 May 2018

This is why the Global Business Coalition Against Human Trafficking (GBCAT) partnered with the United Nations Global Compact and the RESPECT Initiative (comprised of the Global Initiative, Babson College’s Initiative on Human Trafficking and Modern Slavery, and the IOM) to develop an interactive online map of organisations and initiatives tackling modern slavery. Drawing from a database of over 100 organisations, the map allows the user to filter organisations by type (initiative, NGO, foundation); issue (e.g. child labour, forced labour, recruitment); geography; and industry.

Being a company that contributes to making the world a better place is not just a good thing for ensuring businesses are resilient and attractive to clients. It is also of increasing importance to the younger generation and can help attract and maintain talent; research found that nearly two-thirds of young people won’t take a job at a company with poor corporate social responsibility practices. The survey of 1,000 people found 75% of millennials would take a pay cut to work for a responsible company and 83% would be more loyal to a business that enables them to contribute to solving social and environmental problems.

This map will serve as a crucial tool for corporations wishing to show leadership in tackling the scourge of modern slavery and, in doing so, protect some of the most vulnerable and voiceless people in society.

At Legatum Institute we believe that all people, regardless of whether they feature in migration, refugee or trafficking statistics should have the opportunity to create their own pathway to prosperity, able to fulfil their vast potential in a safe and secure environment. The Legatum Institute will soon publish the first report of our Global People Movements programme, asking what more we can do to support some of the world’s most vulnerable people and provide these opportunities. 

Read about our Global People Movements programme.