Experts say that raising awareness is key to combating human trafficking. And according to a recent study, Fortune 100 companies are on the job, crafting policies that address the issues.
On FindLaw’s In House, William Peacock discusses the results of research done by the American Bar Association, Arizona State University’s McCain Institute and the ASU School of Politics and Global Studies.
Peacock says the study shows that 54 percent of Fortune 100 companies have publicly available policies on human trafficking and 66 percent have them for forced labor.
When the sample of companies was limited to those with supply chains, the results were even more encouraging, he says. Of the remaining 79 companies known as the “Target Group,” 66 percent said they have trafficking policies and 76 percent are addressing the forced-labor problem.
Although not all Fortune 100 companies deal in conflict minerals, 37 percent of those that do have protocols in place and 43 percent of the Target Group does as well.
Peacock says companies that don’t have policies addressing these problems need to create them, suggesting they use the “ABA Model Business and Supplier Policies on Labor Trafficking and Child Labor” as a starting point.