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Press Release: Investors Unite To Ask Global Companies Operating In The Gulf Nations To Protect Migrant Workers From Debt Bondage And Modern Day Slavery
- Covid-19 pandemic has resulted in cancellation of contracts and job losses, leaving migrant workers without means to repay large debts acquired due to unethical recruitment processes
- Investors have requested that over 50 companies, from the high-risk sectors of oil and gas, construction and hospitality operating out of Gulf nations, provide details on how they are safeguarding workers
- Investor group comprises 38 investors with over $3trn AUM