The PRI’s response highlights the role of investors in supporting efforts to tackle contemporary forms of slavery, as well as emerging international legislation and best practices that could be appropriate for consideration in the Special Rapporteur’s thematic report.
The Special Rapporteur on contemporary forms of slavery for the United Nations Human Rights Council has called for input from relevant stakeholders to support his next thematic report to the General Assembly, which focuses on “the role of financial sector in preventing and addressing contemporary forms of slavery.”
Contemporary forms of slavery create significant costs for society at large: law enforcement costs, healthcare costs and foregone economic inputs. Investors have a responsibility under international standards to respect human rights, and any connection to forced labour represents a key reputational and compliance risk.
The PRI’s response highlights the role of investors in supporting efforts to tackle contemporary forms of slavery, as well as emerging international legislation and best practices that could be appropriate for consideration in the Special Rapporteur’s thematic report.
Download the response in full below.