5 Steps Mitigating Forced Labor Risks in Assets and Supply Chains

The Low-Down

Forced labor has been documented in a wide range of industries. Ksapa is using a 5 step approach to design open source guidelines enabling investors and buyers to engage meaningfully with their business partners and mitigate risks associated to their operations.

Key Takeaways

Forced labor is a type of work or service that is performed by an individual against their will, under threat of punishment or coercion. This type of labor is considered a violation of human rights and is prohibited under international law.

There are several steps that companies can take to mitigate the risk of forced labor in their supply chains, as outlined in this briefing paper. It’s worth noting that forced labor is a complex issue that requires a multi-faceted approach to be effectively addressed, and it’s important that companies work with their suppliers and other stakeholders to address the root causes of forced labor.