*** DEBUG START ***
*** DEBUG END ***

Investors urged to spot slavery victims

15 November 2019

ISTOCK

THE London Stock Exchange has hosted the launch of an initiative that calls on investors to find the victims of modern-day slavery within their supply chains and support their rehabilitation.

The initiative “Find It, Fix It, Prevent It” was launched on Tuesday by the CCLA, a charity fund manager with £10 billion of assets under management on behalf of charities, religious organisations, and the public sector.

It refers to estimates that the UK imports more than £14 billion goods worth annually which are “very likely to have incorporated slave labour in their production”. Despite the UK Modern Slavery Act’s coming into force in 2015, “few companies have made significant progress on tackling this issue,” it says (News, 11 May 2018).

The initiative seeks to build a coalition of investors able to “engage with companies in their portfolios to develop better policies, processes, and procedures for identifying then addressing modern slavery in their supply chains” over the next three years. An annual progress statement will be published.

“We believe that slavery exists somewhere in the supply chain of nearly every company,” the head of ethical and responsible investment at CCLA, James Corah, said.

Browse Church and Charity jobs on the Church Times jobsite

Forthcoming Events

Green Church Awards

Closing date: 30 June 2024

Read more details about the awards

 

Festival of Preaching

15-17 September 2024

The festival moves to Cambridge along with a sparkling selection of expert speakers

tickets available

 

SAVE THE DATE

Festival of Faith and Literature

28 February - 2 March 2025

The festival programme is soon to be announced sign up to our newsletter to stay informed about all festival news.

Festival website

 

ViSIt our Events page for upcoming and past events 

Welcome to the Church Times

 

To explore the Church Times website fully, please sign in or subscribe.

Non-subscribers can read four articles for free each month. (You will need to register.)