Why is Modern Slavery a priority for our group?
Modern slavery, including forced labor, remains a significant global issue, with the International Labour Organization (ILO) estimating that 20.9 million people are trapped in forced labor, over half of whom are women and girls. This highlights a critical human rights violation that cannot be ignored by any industry, including ours.
Commitment to Human Rights
Our industry is steadfast in its commitment to upholding and respecting human rights in all forms. This encompasses a strong stance against forced labor. As a collective group, we recognize that the respect for human rights is fundamental to the ethical operation of our businesses.
Regulatory Pressure and Compliance
Increasing regulatory scrutiny has led to the implementation of stringent due diligence regulations globally, including various Modern Slavery Acts. These regulations directly affect the supply chains of Accelerate member companies. Ensuring compliance with these laws is not only a legal obligation but also a moral imperative to protect vulnerable populations from exploitation.
Ethical Responsibility
Forced labor is unequivocally a deal breaker. Our duty extends beyond mere compliance; we are committed to promoting fair and ethical practices within our operations and supply chains. This commitment helps to foster a business environment that respects human dignity and supports sustainable development goals.