Walk Free Foundation+Image
Does the investor disclose in its modern slavery statement that it collaborates with industry and non-industry stakeholders to learn from experts and peers and/or lift the industry standard for preventing, identifying, and mitigating modern slavery, labour exploitation and human trafficking risks, and enabling effective remedy for harms caused or contributed to?
Designed by
Walk Free Foundation+Image
United Kingdom
Metric Type
Researched
Value Type
Unit
Range
Options
Research Policy
Community Assessed
Report Type
Modern Slavery Statement
Steward
Katharine Bryant

Industry and non-industry initiatives, such as the UN Principles for Responsible Investment (PRI) or the Finance Against Slavery and Trafficking (FAST), represent valuable opportunities for investors to learn from experts and peers. It also helps to lift the industry standard for preventing, identifying, and mitigating modern slavery, labour exploitation, and human trafficking risks, and facilitates effective remediation.

This metric was developed by Walk Free, WikiRate, and the Business & Human Rights Resource Centre, to assess the statements produced by 91 asset managers identified as having to report under the UK Modern Slavery Act. For more information, please visit the project page.


Methodology

Does the investor disclose it collaborates with industry and non-industry stakeholders to learn from experts and peers on and/or lift the industry standard for preventing, identifying, and mitigating modern slavery, labour exploitation and human trafficking risks, and enabling effective remedy for harms caused or contributed to?

Relevant industry and non-industry stakeholders and initiatives can include:

  • UN Principles for Responsible Investment (PRI)
  • Corporate sustainability reporting coalition
  • Finance Against Slavery and Trafficking (FAST) initiative
  • Investors Against Slavery and Trafficking (IAST- APAC) initiative
  • The Mekong Club
  • ShareAction
  • World Benchmarking Alliance (WBA)
  • CCLA "Find it, Fix it, Prevent it" initiative
  • UN Global Compact

The statement must mention that the investor engages or collaborates with this stakeholder or initiative in some way. The metric is not met if the statement mentions the initiative or stakeholder but no relationship is clearly established.

If the company discloses that it collaborates with industry and non-industry initiatives or stakeholders, please indicate “Yes”, and provide details.

If no collaboration exists or is described in the statement, please select "No".