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What modern slavery looks like and why it’s bad for global trade

September 3rd, 2024
What modern slavery looks like and why it’s bad for global trade

Source: Hinrich Foundation.

An estimated 50 million people are in modern slavery globally, with over half in Asia alone. A forced labour victim testimonial from Myanmar illustrates the traumatic experiences of forced labour and debt bondage. The private sector is now recognising modern slavery as a business risk, facing lawsuits and reputational damage. The article argues companies need to do more through their resources and influence to counter modern slavery in global supply chains. Delve deeper into the plight faced by victims of forced labour as you read on.

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