Asset Management

Investors have a moral duty to stand against slavery

Modern slavery can be hard to uncover, so we have been pressing construction companies to tell us more about their checks

An anti-modern slavery demonstration in London in 2017
An anti-modern slavery demonstration in London in 2017 Photo: Getty Images

Modern Slavery — a term that encompasses forced labour, debt bondage and human trafficking — is assumed by many in the finance industry to be a problem for law enforcement and government. We think it is time investors put it on their agenda.

By its very nature, modern slavery is a difficult problem to get a handle on. According to the Global Slavery Index, produced by the Walk Free Foundation and the UN’s International Labour Organisation, around 40m people were enslaved worldwide in 2016; 136,000 of those in the UK. The UK government has put the figure in the “tens of thousands”.

WSJ Logo
How Trump Got His ‘Big, Beautiful Bill’ Across the Finish LineExternal link

How Trump Got His ‘Big, Beautiful Bill’ Across the Finish Line