A new collaborative set of four principles to help nations tackle modern slavery issues in global supply chains has been developed by the UK, in partnership with the US, Canada, New Zealand and Australia. The UN General Assembly last month announced the new principles which focus on ‘mobilising private sector and legislative actors to prevent and address cases of human trafficking in supply chains.’ The nations involved believe that up to $600bn of purchasing power can be leveraged by governments and business to prevent forced labour across both sectors. “The principles call on governments to develop and implement measurement systems and risk assessment policies that highlight the risk of human rights abuses in procurement supply chains, before ‘adopting appropriate due diligence processes’ to mitigate and remedy. The principles also note that governments should work with businesses to set expectations on conduct and due diligence to identify, prevent and mitigate cases of human trafficking,” read more on edie.net

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