The Fight Against Human Trafficking
Human trafficking, forced labor, and other forms of human exploitation are widespread in global supply chains, where networks of contractors, subsidiaries, and foreign operations make accountability nearly impossible. Unfortunately but unsurprisingly, human trafficking is extremely profitable, earning human traffickers more than $150 billion per year. The International Labor Organizations estimates that more than 40 million people are victims of human trafficking, with more than 60% trapped in forced labor. Three fourths of victims are women and girls. Despite national and international laws against forced labor, the companies that benefit from forced labor are in the best position to shut it down. Only through robust procurement policies, risk assessments, monitoring, transparency, and industry-wide engagement can companies truly ensure they are not incentivizing inhumane labor practices.
The Human Rights in the Supply Chain screen was developed using data and analysis provided by KnowTheChain, a partnership between Humanity United, the Business & Human Rights Resource Centre, Sustainalytics, and Verité. OpenInvest overweights companies with a score of 50 and above.