An Analysis of the Legislative Impact of Forced Labor and the Steps You Need to Take to Mitigate Risk
Corporate Social Responsibility, human rights, and modern slavery have made headline news with increased regulation from the United States, Canada, the United Kingdom, and the European Union over forced labor. Companies with complex and fragmented supply chains that operate globally, are being required by multiple stakeholders to take responsibility for the impact their business operations have on their employees, suppliers, intermediaries, and the surrounding communities, which can be particularly challenging given the impact of COVID-19.
FRA’s Uujlan Djangazieva and Oritain’s Michela Mossali discuss the recent developments in human rights due diligence using the example of forced labor, the financial and reputational impact on companies, and the steps companies can take to better prepare for the changing landscape.
What We Cover:
• The corporate social responsibility framework and impact of COVID-19
• The issue of forced labor in recent events and the global regulatory response and impact
• The potential reputational harm to companies
• Proactive and reactive measures to mitigate risk
Find out more about our expertise
Forensic Risk Alliance (FRA) is a global market leader helping clients mitigate risks associated with international multi-jurisdictional investigations, litigation and compliance in an increasingly regulated business climate.