Investors representing $5 trillion sign KnowTheChain statement on forced labour – others should follow suit
24/01/2020 - KnowTheChain
135 investors back statement on the need to pressure companies to address the risks to millions of workers in supply chains
At the start of 2020, KnowTheChain and the Investor Alliance for Human Rights are pleased to welcome the support of 135 investors representing a combined $5 trillion in assets under management. These investors recognize the urgent challenge of forced labour, how they may be exposed through their investments, and the need for pressure on companies to address the risks to millions of workers in supply chains around the world.
By adding their name to the KnowTheChain Investor Statement, investors are demonstrating their support for the United Nations Sustainable Development Goal 8.7 to eradicate forced labour. The Statement also establishes what investors should expect and suggests how they can best engage with companies.