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Article

27 Jun 2011

Author:
Interfaith Center on Corporate Responsibility

Investor Statement Urges Business to "Do its Part" to Make Modern Day Slavery History

Recognizing the broad influence of business on the global supply chain, an investor coalition representing over 90 organizations worldwide and led by the Interfaith Center on Corporate Responsibility (ICCR) has issued a statement asking 27 companies to take a leadership role in abolishing human trafficking and slavery...The investor statemen...outlines a series of steps companies can take such as impact assessments, employee training and participation in awareness raising campaigns...Companies receiving the statement are considered market leaders in high risk categories with the ability to influence their respective sectors including Li & Fung (Apparel), Costco (Retail), Cisco (Technology), ADM (Agriculture), American Airlines (Travel and Tourism) and Nestle (Food and Beverage). [refers to Boston Common Asset Management, Carlson, Gap, HP, LexisNexis, Manpower]