Hong Kong Should Use its Financial Might to Fight Human Trafficking
Yet another country adopted a Modern Slavery Act (Australia, in effect since Jan 1, 2019), making it compulsory for companies above a certain size to disclose annually what they are doing to address modern slavery within their operations and supply chains.
With responsible investing a growing trend, financial institutions and investors increasingly play a crucial role in incentivizing companies to take their environmental, social, and governance (ESG) disclosures seriously, including a duty to screen modern slavery in supply chains. Can Hong Kong leverage its financial hub status to become a regional leader in this fight against human trafficking?
Full publication is available in Global Policy.
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