Modern slavery has impacted every country and virtually every industry in the world. Preventing modern slavery is a robust challenge to protect and safeguard the over 40 million victims across global supply chains. In most industries, organisations are active in or source from multiple locations where they invest, have supply chains, and conduct business, with each decision leaving a window open for the risk of modern slavery to occur.
The overwhelming task of ensuring supply chain sustainability during this process should not be overlooked. However, there are data sources out there that are available to help understand where risks lie during the sourcing process. More and more business intelligence capabilities are emerging to help prevent modern slavery from the root. These data resources break down the complex and widespread crime of modern slavery by geographical locations or industries and clarify where modern slavery exists within global supply chains.
Accessing Data to Prevent Modern Slavery
It’s important to consider that when accessing data to prevent modern slavery, there are limitations in the readily available information. Modern slavery, by nature, is a clandestine crime and is complex and challenging to quantify. However, the available resources provide an initial insight into the current situation and are updated regularly with new research and intelligence. These data points give a better understanding and more effective risk management when selecting resources to support supply chain sustainability.
Important Data Metrics to Look at When Preventing Modern Slavery Through Technology
Country-by-country, resources range from heavily available or limited. Understanding where risks lie within these resources by industry before initiating business is a key step towards supporting a sustainable supply chain. Important data metrics to look at:
- The total number of people who are estimated to be living in modern slavery by country.
- The prevalence of modern slavery by ratio to the population.
- How the prevalence of modern slavery compares to other countries, globally and geogroahical locations.
- Determining how individual country local contexts may increase vulnerability likelihood through a vulnerability score.
- Up to date information on how government is responding to the issue of modern slavery within that country.
- Explanations of the sorts of industries impacted by modern slavery and the ccommon patterns that cause exploitation.
- A comprehensive and regularly updated list of goods and services is known to carry a high risk of forced and/or child labour.
- Evaluating how each country is managing prevention, detection and mitigation activities.
- The common trends and typologies of modern slavery by location.
- Recommendations that are made on how to improve anti-slavery responses and the extent to which these recommendations are implemented.
- Updated analyses on how modern slavery responses change over time.
- Analysis of how COVID-19 impacts the local modern slavery situation and vulnerability score.
Having readily available the above data points set businesses up for success in supply chain sustainability and enables decision-makers to make the first steps in preventing modern slavery from the source.
Preventing Modern Slavery Through A Modern Slavery Risk Map
The Mekong Club has aggregated numerous modern slavery risk sources and metrics into one location to make sense of these data points as a freely available online tool. The interactive visualization map provides searchable information that users can freely search through. Additionally, country and commodity-specific reports can be downloaded to understand how modern slavery impacts each location. The tool is updated regularly to provide the latest data and insights to support businesses in all industries looking to develop their supply chain sustainability efforts.
Register for our webinar on September 17th on ‘Measuring Modern Slavery Risk in an ESG World’ to get access to this free tool and more.
Author: Nolan Clack