‘It is the highlight of our year’ – More than 80 businesses attend SFA Conference 2024
Representatives from more than 80 businesses, including SMEs and FTSE100 companies, turned out for the 2024…
Tag: Due diligence
A Call to Corporate Leaders to Combat Modern Slavery
In today’s interconnected global economy, corporations hold unprecedented power and responsibility. Today, there are almost 50 million people trapped in modern slavery around the world. That’s 1 in every 150 people. This means the urgency to raise awareness and take decisive action has never been more paramount.
The Role of Internal Awareness Campaigns in Preventing Modern Slavery
Tragically, modern slavery remains a fact of life in today’s globalised world. Taking the form of forced labour, debt bondage, human trafficking, and other exploitative practices, it traps millions in conditions of severe exploitation. Businesses have a crucial role in preventing this issue by fostering a culture of awareness and vigilance among their employees. One of the most effective ways to achieve this is through comprehensive internal awareness campaigns.
Shein’s Potential London IPO: A Human Rights Analysis for Investors
Shein, the world’s largest fashion retailer, is preparing for a potential listing on the London Stock Exchange (LSE). With an estimated valuation of £53 billion, it would be one of the largest IPOs in London’s history, representing both a significant milestone for the Chinese brand, founded in 2008, and substantial potential returns for the financial institutions considering investment.
While the opportunities for investors may be attractive, the company’s human rights record, which includes allegations of forced labour, poor working conditions, and failing to make required public disclosures under the UK Modern Slavery Act, raises considerable concerns.
‘Tis the season to be … vigilant!
Christmas preparations are in full swing. Roads and rail networks are congested with increased traffic delivering goods to warehouses, shops, and homes. Businesses thrive, and consumers eagerly seek bargains for the perfect Christmas, striving for the festive scenes and goodwill portrayed in the ads that have been on repeat since Halloween.
Slave-Free Alliance: A Global Forum for Change – Post Conference Review
It was a day to remember! All of us at Slave-Free Alliance would like to thank all those who took the time to participate in our latest Annual Conference, held in London on 27th September 2023. We welcomed nearly 100 delegates from 51 different organisations, all with the common goal of ending modern slavery and exploitation and changing lives.
2023 Mid-Year Review: Reflecting on the progress made by SFA and our Members
A review of the work of SFA and its members in the first six months of 2023 reveals an array of actions and achievements, demonstrating the joint commitment between us and our members to further the journey towards responsible business practices and supply chain management.
The True Price of Fashion: How does modern slavery exist in the fashion industry?
No matter your stance on the latest fashion trends or your style of outfits, fashion is part of our daily lives. The fashion industry made around US$1.53 trillion last year alone, but how much of that has been linked to modern slavery?
Norway’s Transparency Act 2021: Are you ready for the 30th June deadline?
As the first reporting deadline approaches, companies need to evaluate their readiness and ensure compliance with the Act. In this post, we explore the key aspects of the Transparency Act and provide valuable insights to help businesses meet their obligations before the reporting deadline.
Canada passes tough supply chains legislation
Canada has joined the list of countries taking decisive action on forced labour in supply chains, after passing Bill S-211 this week. The new law means that Canadian businesses must report in detail on what they are doing to identify, address and prevent forced labour, prison labour and child labour in their supply chains. It is set to come into force from January 1, 2024.