Below is an excerpt from ISS ESG’s recently released paper “Forced Labour: An Emerging Concern for Investors?” The full paper is available for download from the Institutional Shareholder Services (ISS) online library.
KEY TAKEAWAYS
- Investors could benefit from recognizing, assessing, and addressing the forced labour risks present in investee company supply chains. The United States government, along with international organizations, has issued guidelines to address and mitigate these risks.
- ISS ESG research illustrates that even in cases where there is a high risk of association with forced labour, a majority of companies involved have not initiated processes to manage these risks.
- ISS ESG has a range of tools available to aid investors in the identification, mitigation, and taking of action on forced labour risks in their portfolios.
TRANSPARENCY MAINTAINED BY U.S BASED COMPANIES
Source: ISS ESG Corporate Rating
Explore ISS ESG solutions mentioned in this report:
- Assess companies’ adherence to international norms on human rights, labor standards, environmental protection and anti-corruption using ISS ESG Norm-Based Research.
- Identify ESG risks and seize investment opportunities with the ISS ESG Corporate Rating.
- Develop engagement strategies, define achievable engagement objectives and manage your engagement process with ISS ESG’s Norm-Based Engagement Solution and Thematic Engagement Solution.
By Roma Makati, Analyst, ISS ESG Vibha Singh, Senior Associate, ISS ESG.
