Tackling Modern Slavery Through Transparency - New GRI Task Force
Modern Slavery affects an estimated 46 million people around the world and poses a prominent risk for companies. Transparency on human rights in supply chains is becoming increasingly necessary due to rising consumer interest as well as regulatory developments.
Sustainability reporting can help companies comply with legislation, but also to identify and address their impact, and highlight innovative solutions and a path forward.
To help solve this issue, GRI is working together with experts from government, civil society, industry, investors and international institutions, with the aim of promoting tools to improve consistency and comparability in reporting. GRI also wants to activate more companies to engage in reporting on modern slavery. The task force is recruiting now. Participating organizations will co-develop tools and resources that they need to make informed decisions for identifying risks or instances of modern slavery in their supply chain, and for managing this issue, if necessary.